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Commodity News

SunSirs: Shandong Styrene Market Fluctuated and Fell

March 13 2023 13:29:21     SunSirs (John)

Price trend

On March 10, the styrene market fluctuated and fell. Shandong styrene price was 8,516.67 RMB/ton, down 0.20% from the previous trading day and down 15.68% year-on-year.

Analysis review

The international oil price had fallen three times in a row, the cost support was general, and the demand for styrene was poor.

Market outlook

It is expected that the short-term volatility of styrene market will be mainly lower in shock.

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