Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market fell on May 17th. The price of styrene in Shandong was 7,800.00 RMB/ton, a year-on-year decrease of 24.00%.

Analysis review

The international oil price fell, and cost support was poor. The trading volume in the Asian styrene US dollar market was light, and the market continued to decline. Downstream procurement was mainly based on demand.

Market outlook

It is expected that in the short term, the styrene market will mainly decline.

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