Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market rose on August 1st. The price of styrene in Shandong was 8,258.33 RMB/ton, an increase of 1.41% compared to the previous trading day and a year-on-year decrease of 12.3995%.

Analysis review

The international oil price was high, cost support was strong, and the styrene market was rising. The recent trading atmosphere in the styrene market was good.

Market outlook

It is expected that the styrene spot market will mainly rise in the short term.

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