Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market stabilized on April 26th. The price of styrene in Shandong was 8,381.67 RMB/ton, a decrease of 0.04% compared to the previous trading day and a year-on-year decrease of 12.80%.

Analysis review

International oil prices had fallen, cost support was average, and spot transactions of styrene were light.

Market outlook

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

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