Commodity News

SunSirs: Shandong Styrene Market Was Declining on May 15th

May 17 2023 14:04:00 SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market fell on May 15th. The price of styrene in Shandong was 7,800.00 RMB/ton, a decrease of 2.28% compared to the previous trading day and a year-on-year decrease of 23.44%.

Analysis review

International oil prices rose, and cost support was still acceptable. However, the Asian styrene dollar market had fallen, and spot transactions of styrene continued to be poor.

Market outlook

It is expected that the styrene market will mainly 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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