Commodity News

SunSirs: Shandong Styrene Market Slightly Declined on May 9th

May 10 2023 10:00:37 SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market fell on May 9th. The price of styrene in Shandong was 8,156.00 RMB/ton, a decrease of 0.10% compared to the previous trading day and a year-on-year decrease of 19.19%.

Analysis review

International oil prices continued to rise, with good cost support. However, there was sufficient supply of styrene, resulting in a stalemate between supply and demand.

Market outlook

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

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information

2025-05-06 SunSirs: The Styrene Market Fluctuated and Fell in April
2025-04-27 SunSirs: The Styrene Market Experienced a Slight Decline (April 21-25)
2025-04-21 SunSirs:Under the Long and Short Game, the Styrene Market Performed Weakly
2025-04-14 SunSirs: The Styrene Market Continued to Decline (April 7-11)
2025-03-31 SunSirs: This Week, Styrene Experienced a Weak Decline (March 24-28)

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