Commodity News
SunSirs: Supported by Demand, the Styrene Market Rose
December 06 2022 10:48:49 SunSirs (John)
Price trend
The styrene market rose on December 5. The price of styrene in Shandong was 7,925.00 RMB/ton, up 1.28% from the previous trading day and down 0.94% year on year.
Analysis review
The market of pure benzene was consolidated, and the cost support was average. Although the downstream was just in demand, the purchase intention was good, which had certain support for the market. The port inventory might have a small drop expectation, which was good for the styrene market.
Market outlook
It is expected that the styrene market will mainly rise 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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