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SunSirs: Shandong Styrene Market Slightly Declined on September 19th

September 20 2023 13:54:31     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market fell on September 19th. The price of styrene in Shandong was 9,633.33 RMB/ton, a decrease of 0.69% compared to the previous trading day and a year-on-year decrease of 0.09%.

Analysis review

International oil prices had risen, cost support as good, and the styrene market had fluctuated slightly. As of September 19th, the styrene market had risen to a high level, and downstream purchasing sentiment was average

Market outlook

It is expected that the styrene spot market will mainly experience a slight increase in the short term.

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