Price trend

The styrene market fell on November 17. The production price of styrene in Shandong was 8,125.00 RMB/ton, down 8.06% year on year.

Analysis review

The international oil price fell, the pure benzene market was weak, the cost support was poor, the downstream procurement was on demand, the market mentality was empty in the off-season, and the market fell.

Market outlook

The supply and demand are deadlocked, and the styrene market is expected to decline mainly in the short term.

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