SunSirs: On October 24th, the Styrene Market Showed a Stronger Consolidation Trend

https://www.chemnet.com   Oct 25,2024 SunSirs

Product Name: Styrene

Latest price: 8,780 RMB/ton on October 24th.

Analysis review

According to data from SunSirs, the spot market for styrene on the 24th showed a stronger consolidation trend, with an overall trading atmosphere of average and a strong wait-and-see attitude in the market. Downstream factories made purchases as needed. As of October 24th, international crude oil futures were declining, and the inventory of raw material benzene is expected to increase in the future, affecting market confidence.

Market outlook

It is expected that the styrene spot market will experience slight fluctuations within the range in the short term.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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