On October 24th, the styrene market showed a strong consolidation trend

Product Name: Styrene

 

Latest price: 8780 yuan/ton on October 24th.

 

Analysis: According to data from Shengyi Society, the spot market for styrene today is relatively strong and stable, with an overall trading atmosphere of average and a strong wait-and-see attitude in the market. Downstream factories are purchasing according to demand. At present, international crude oil futures are declining, and the inventory of raw material pure benzene is expected to increase in the future, affecting market confidence. It is expected that the styrene spot market will experience slight fluctuations within the range in the short term.

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