Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market slightly increased on April 18th. The price of styrene in Shandong was 8,516.67 RMB/ton, an increase of 0.39% compared to the previous trading day and a year-on-year decrease of 10.11%.

Analysis review

International oil prices had fallen, cost support was poor, and the atmosphere of styrene spot trading was flat.

Market outlook

Agricultural product analysts from SunSirs believe that the demand for terminal soybean products was still sluggish, and the domestic soybean market will continue to decline weakly in the future.

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