Price trend
According to the Commodity Market Analysis System of SunSirs, the styrene market slightly increased on June 6th. The price of styrene in Shandong was 7,861.67 RMB/ton, an increase of 0.28%, and a year-on-year decrease of 25.48%.
Analysis review
The international oil price had risen, cost support was good, styrene inventory had decreased, and spot transactions were mainly based on demand.
Market outlook
It is expected that the styrene market will mainly rise in the short term.
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