Analysis of Styrene Market on December 8

Today’s styrene market is strong and volatile. The production price of styrene in Shandong was 8187.50 yuan / ton, up 0.31% from 8162.50 yuan / ton yesterday

Styrene Market Consolidation and price rise. Crude oil prices rebounded, pure benzene prices rose, and styrene was supported on the cost side. In addition, the epidemic situation, environmental protection and other restrictions restrict the delivery of some goods in East China. The climate has led to the extension of the transportation cycle in the north, the reduction of tradable spot goods, the price increase and reluctant sale of goods holders, and the production enterprises are expected to make up the rise. Today, the domestic production enterprises continue to make up the rise, and it is expected that the styrene market will still be strong and volatile in the short term.

Today, the price of styrene in Shandong is around 8200-8300 yuan / ton.

POLYVINYL ALCOHOL