Price trend
According to the Commodity Market Analysis System of SunSirs, the styrene market slightly increased on June 5th. The price of styrene in Shandong was 7,845.00 RMB/ton, an increase of 0.19%, and a year-on-year increase of. 48%.
Analysis review
International oil prices had risen, cost support was good, and the US dollar market for styrene in Asia had risen, and the styrene inventory had decreased.
Market outlook
It is expected that the styrene market will rise mainly in the short term.
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