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Commodity News

SunSirs: Shandong Styrene Market Fell

February 08 2023 14:05:54     SunSirs (John)

Price trend

The styrene market fell on February 7. The price of styrene in Shandong was 8,400.00 RMB/ton, down 0.79 from the previous trading day and down 8.70% year-on-year.

Analysis review

The price of crude oil in the night market rose, the cost support was good, and the downstream recovery was accelerating.

Market outlook

It is expected that the styrene market will mainly fluctuate and rise in the short term.

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