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SunSirs: Shandong Styrene Market Slightly Rose on June 16th

June 19 2023 13:51:30     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of Business Society, the styrene market slightly rose on June 16th. The price of styrene in Shandong was 7,381.67 RMB/ton, an increase of 0.64%, and a year-on-year decrease of 33.24%.

Analysis review

International oil prices rebounded strongly, and cost support was good. The styrene market was trading on dips and had a strong mentality.

Market outlook

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

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