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
- 2025-05-13 SunSirs: There Was a Game between Supply and Demand, and Styrene Fluctuated within a Range
- 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)
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