Commodity News
SunSirs: The Price of Crude Oil Fell Continuously and the styrene market fell
February 06 2023 14:09:49 SunSirs (John)
Price trend
The styrene market fell on February 3. Shandong styrene price was 8,550.00 RMB/ton, down 0.77% from the previous trading day and down 4.04% year-on-year.
Analysis review
The price of crude oil in the night market continued to fall, and the cost support was poor. As of February 3, the styrene supply was abundant, while the recovery of the downstream still needed time.
Market outlook
It is expected that the styrene market will fall mainly in a short time.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2025-05-06 SunSirs: The Styrene Market Fluctuated and Fell in April
- 2025-04-27 SunSirs: The Styrene Market Experienced a Slight Decline (April 21-25)
- 2025-04-21 SunSirs:Under the Long and Short Game, the Styrene Market Performed Weakly
- 2025-04-14 SunSirs: The Styrene Market Continued to Decline (April 7-11)
- 2025-03-31 SunSirs: This Week, Styrene Experienced a Weak Decline (March 24-28)
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