Price trend
According to the Commodity Market Analysis System of SunSirs, the styrene market rose on July 26th. The price of styrene in Shandong was 7,991.67 RMB/ton, an increase of 0.31% compared to the previous trading day and a year-on-year decrease of 19.39%.
Analysis review
The international oil price was high, cost support was strong, and the styrene market was rising. Recently, downstream demand had increased.
Market outlook
t is expected that the styrene spot market will mainly rise in the short term.
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