Introduction to Styrene: Domestic Styrene Market Falling on May 7

Styrene Guide: Yesterday, the domestic Styrene Market fell. Under the influence of the tense international trade situation and the falling sentiment of commodities, the market was mostly affected by the unexpected events in the surrounding market, which frustrated the market mentality of styrene and related products. The market price gradually declined from stable to stable. At present, the inventory data continues to decline. The spot valuation reference of East China Port is 8220-8250 CNY/ton. Future forecast: It is expected that after a sharp drop in peripheral commodities, waiting for the release of negative sentiment, the intention of revision rebound is stronger, and the main shock of styrene is within the range, the downward correction has been limited, narrow correction collation.