Domestic Styrene Market Stable in the Middle and Strong on Aug. 16
Styrene Guide: Yesterday, the domestic Styrene market was stable and strong, the fundamentals were stable, and styrene was gradually supported. The market is moderate and firm. EPS and PS have fallen to recent lows. Raw ethylene has rebounded strongly to US$960/ton in recent period. In addition, recent delivery or short-term expectations have given some support in the short term. The reference price in East China is 8380-8400. Future market forecast: In a comprehensive view, the styrene market is narrow and strong upward, continue to rationally look upward trend, cautiously look at space.
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