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Commodity News

SunSirs: The Styrene Market Saw a Slight Increase on January 17th

January 20 2025 09:16:21     SunSirs (John)

Price trend

According to the Commodity Analysis System of SunSirs, the styrene market saw a slight increase on the 17th.

Analysis review

From the news perspective, international oil prices have fallen, with average support from the raw material side. The on-site supply was sufficient, and with the support of pre holiday stocking, the on-site transactions were still acceptable.

Market outlook

In the future, port inventory is expected to increase. It is expected that the possibility of a rebound in the styrene market after the rise will increase in the short term.

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