Commodity News
SunSirs: Supply Dropped Slightly, Styrene Market Rose
December 08 2022 10:31:15 SunSirs (John)
Price trend
The styrene market rose on December 7. The price of styrene in Shandong was 7,958.33 RMB/ton, up 0.21% from the previous trading day and down 2.05% year on year.
Analysis review
The pure benzene market had slightly increased, and the cost support was fair. Although the downstream was just in demand, the purchase intention was strong, which had certain support for the market. The spot supply of styrene decreased slightly, 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
- 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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