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Commodity News

SunSirs: On December 26th, the Styrene Market Was Weak and Fell

December 27 2024 09:06:37     SunSirs (John)

Price trend

According to the Commodity Analysis System of SunSirs, on the 26th, the styrene market fell weakly.

Analysis review

From news’ perspective, international oil prices have been fluctuating recently, with raw material prices slightly falling and news support weakening. Demand was in the off-season, the market mentality was poor, downstream demand was weak, and styrene was under pressure to decline.

Market outlook

It is expected that the styrene market will fluctuate and consolidate in the short term.

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