Negative led styrene prices fluctuate and fall back

According to the Commodity Analysis System of Shengyi Society, the recent upward trend of styrene has ended, and the price has fluctuated and fallen back. Firstly, the favorable conditions for raw material pure benzene have been exhausted, leading to an increase in equipment load. Coupled with the sustained high supply from South Korea, there is a significant pressure to reduce inventory, resulting in a downward shift in the price center of pure benzene. Secondly, the high inventory of styrene downstream and weak demand, coupled with the early completion of maintenance for some facilities, have further suppressed the rise in styrene prices due to increased supply. In the short term, the raw material pure benzene is weak and difficult to change, and it is expected that the styrene market will operate weakly in the short term.

http://www.thiourea.net

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>