Price trend
On March 29th, the styrene market rose. The price of styrene in Shandong was 8,441.67 RMB/ton, an increase of 0.90% compared to the previous trading day, and a year-on-year decrease of 10.31%.
Analysis review
International oil prices continued to rise, cost support was strong, styrene port inventory had decreased, and spot transactions were acceptable.
Market outlook
It is expected that the styrene market will mainly fluctuate and rise in the short term.
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