SunSirs--China Commodity Data Group

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SunSirs: Shandong Styrene Market Slightly Increased

March 23 2023 09:51:47     SunSirs (John)

Price trend

On March 22nd, the styrene market rose slightly. The price of styrene in Shandong was 8,325.00 RMB/ton, an increase of 0.71% compared to the previous trading day, and a year-on-year decrease of 7.71%.

Analysis review

International oil prices had risen, cost support was good, and the market was expected to ship at high prices.

Market outlook

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

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