Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market slightly declined on April 18th. The price of styrene in Shandong was 8,506.67 RMB/ton, a decrease of 0.12% compared to the previous trading day and a year-on-year decrease of 10.92%.

Analysis review

International oil prices had slightly increased, with average cost support. The Asian styrene US dollar market was expected to decline.

Market outlook

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

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