Commodity News
SunSirs: Supply and Demand Stagnated, Styrene Market Declined
December 09 2022 10:30:12 SunSirs (John)
Price trend
The styrene market fell on December 8. The price of styrene in Shandong was 7,925.00 RMB/ton, down 0.42% from the previous trading day and 3.21% year on year.
Analysis review
Crude oil reached a low level during the year, with poor cost support. Downstream procurement maintained just in demand, and spot transactions of styrene were not good.
Market outlook
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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