SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Poor Transaction, Styrene Market Declined

November 03 2022 09:32:14     SunSirs (John)

Price trend

Shandong styrene market fell on November 2. Shandong's styrene production price was 8291.67 RMB/ton, down 13.81% year on year.

Analysis review

The US dollar market of styrene in Asia was light, the pure benzene market fell, the cost support was poor, the downstream procurement was on demand, the transaction was cautious, and the styrene market fell.

Market outlook

The spot stock of styrene is abundant, and the styrene market is expected to decline mainly in the short term.

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