Price trend

On November 15, the styrene market was shaken and consolidated. Shandong's styrene production price was 8,108.33 RMB/ton, down 9.78% year on year.

Analysis review

The pure benzene market was weak, the cost support was poor, the downstream procurement was based on demand, the supply and demand of styrene was in a stalemate, and the market was stable.

Market outlook

Tianjin Dagu is expected to resume production in the near future, and the inventory will further increase. It is expected that the styrene market will decline mainly in the short term.

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