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SunSirs: Shandong Styrene Market Fell on March 2

March 03 2023 10:52:41     SunSirs (John)

Price trend

The styrene market fell on March 2. Shandong styrene price was 8,541.67 RMB/ton, down 0.19% from the previous trading day and down 4.56% year-on-year.

Analysis review

The price of crude oil in the night market rose, and the cost support was good. As of March 2, the port styrene was in the process of destocking.

 Market outlook

It is expected that in the short term, the styrene market will be mainly volatile and lower.

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