Price trend
The styrene market rose on December 12. The price of styrene in Shandong was 8,025.00 RMB/ton, up 1.37% from the previous trading day and down 2.87% year on year.
Analysis review
The pure benzene market was consolidated, and the cost support was average. Although the downstream market was just in demand, the purchase intention was good, which provided some support to the market. The styrene market rebounded from the bottom.
Market outlook
The port inventory may increase slightly in the short term, and the styrene market is expected to decline mainly in the short term.
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