Commodity News
SunSirs: The International Oil Price Fell and the Styrene Market Declined
November 18 2022 10:39:58 SunSirs (John)
Price trend
The styrene market fell on November 17. The production price of styrene in Shandong was 8,125.00 RMB/ton, down 8.06% year on year.
Analysis review
The international oil price fell, the pure benzene market was weak, the cost support was poor, the downstream procurement was on demand, the market mentality was empty in the off-season, and the market fell.
Market outlook
The supply and demand are deadlocked, and the styrene market is expected to decline mainly in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2023-10-18 SunSirs: Shandong Styrene Market Slightly Increased
- 2023-10-10 SunSirs: Shandong styrene market slightly declined October 9th
- 2023-10-09 SunSirs: Shandong Styrene Market Slightly Declined
- 2023-09-20 SunSirs: Shandong Styrene Market Slightly Declined on September 19th
- 2023-09-15 SunSirs: Shandong Styrene Market Was on the Rise on September 14th
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