August 7 news
According to the Spotcom AI assistant, on August 7, 2026, the styrene market in China showed a weak downward trend. Considering the various cycle indicators of styrene, along with the reduction in supply due to plant maintenance and low port inventory, domestic demand is weak but supported by exports as a marginal hedge. Cost support is strong, but processing profits remain low, resulting in an overall tight balance. It is predicted that the short-term market will show a slightly stronger oscillating trend.
I. Table of Mean Difference Changes
| Mean Difference Indicator | Today's Value (2026.08.06) | Yesterday's Value (2026.08.05) | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | -62 | -4 | |
| 10-day Mean Difference (D10) | -32 | -38.4 | + |
| 20-day Mean Difference (D20) | -181.7 | -129.8 | - |
II. Signal State Determination
Downtrend Alert (Bullish Bias), corresponding symbol combination (-, +, -)
III. Conclusion on Trend Direction
Oscillating (slightly bullish). Reason: On August 6, 2026, the three moving averages of styrene did not all move in the same direction; the 5-day and 20-day moving averages weakened compared to the previous day, while the 10-day moving average strengthened, which aligns with the oscillating signal of a resilience warning (slightly bullish). On the same day, the mainstream Chinese companies' styrene quotes were reduced by 200-400 CNY/ton, and Asian market prices also fell. However, the moving average signals indicate that prices have a resilient characteristic, with no clear unilateral trend.
IV. Positional Spatial Reference
The 60-day cycle price is at a medium-to-high level, facing some upward pressure in the short term; the 3-month cycle is at a mid-level, with balanced price fluctuation space; and the 1-year cycle is at a medium-to-low level, leaving relatively limited room for long-term decline.
Five, Overview of the Fundamentals
Supply has contracted due to maintenance and load reductions, and inventory is at a low level; however, domestic demand in China is weak, relying on a small amount of exports for support. Processing profits are being squeezed by the upstream sector. Overall, there is a tight balance but a lack of domestic demand drivers. The key variables to watch are the progress of facility restarts and the willingness of downstream players to restock.
Six, Display of Trend Charts
VII. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
