SunSirs: Shandong Styrene Market Was on the Rise on April 4th

https://www.chemnet.com   Apr 06,2023

On April 4th, the styrene market rose. The price of styrene in Shandong was 8,625.00 RMB/ton, an increase of 1.87% compared to the previous trading day and a year-on-year decrease of 6.74%.

Analysis review

International oil prices had significantly increased, cost support was strong, styrene port inventory had decreased, and spot transactions were still acceptable.

Market outlook

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

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