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SunSirs: Shandong Styrene Market Slightly Declined on March 24th

March 27 2023 13:47:47     SunSirs (John)

Price trend

On March 24th, the styrene market declined slightly. The price of styrene in Shandong was 8,325.00 RMB/ton, down 0.20% from the previous trading day and down 11.62% year-on-year.

Analysis review

International oil prices fell, cost support was poor, and transactions in the styrene spot market were poor.

Market outlook

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

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