Price trend

On April 7th, the styrene market slightly declined. The price of styrene in Shandong was 8,625.00 RMB/ton, a decrease of 0.38% compared to the previous trading day and a year-on-year decrease of 8.00%.

Analysis review

International oil prices had risen significantly and cost support was strong, but spot transactions of styrene had been poor.

Market outlook

It is expected that the styrene market will fluctuate downward in the short term.

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