Price trend

The styrene market rose on December 5. The price of styrene in Shandong was 7,925.00 RMB/ton, up 1.28% from the previous trading day and down 0.94% year on year.

Analysis review

The market of pure benzene was consolidated, and the cost support was average. Although the downstream was just in demand, the purchase intention was good, which had certain support for the market. The port inventory might have a small drop expectation, which was good for the styrene market.

Market outlook

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

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