Product Name: Styrene
Latest price: 8820 yuan/ton on October 30th.
Analysis: According to data from Shengyi Society, the spot market for styrene today is weak, and the sales price of PetroChina Northeast Sales Company has been lowered. The overall trading atmosphere is relatively light, and the market has a strong wait-and-see atmosphere, with downstream factories purchasing according to demand. At present, international crude oil prices have fallen, and the price of raw material pure benzene has also dropped, affecting market confidence. However, styrene has been slightly depleted in East China ports. It is expected that the pure benzene market will fluctuate and consolidate in the short term.
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