Introduction to Styrene: July 18 Domestic Styrene Market Shocks Downward
Styrene Guide: Yesterday, the domestic Styrene market shocked downward. In recent trading days, the spot turnover of styrene was not good, the ocean arrival in the second half of the month increased, the market delivery was negative, the market negative constraints, the center of gravity moved downward. At present, market participants participated in the decline. Caution, general interest in spot purchasing. The reference price in East China is around 8550-8600. Future market forecast: downstream EPS, PS and ABS factories are mostly wait-and-see attitude to the raw material market. At present, the market is short of strong factors to boost, and some buy-backs have made up for low prices.
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