Domestic Styrene Market Weakness and Stability on Aug 13
Toluene Guide: Yesterday, the domestic toluene market was stable, the demand for downstream oil diversion was still in existence, and the port inventory continued to decline, supporting market prices, cautious buying and selling follow-up, high prices in the market saw, but the market information in the plate pointed to limited, small single shipments to promote glue. The reference price in East China is 5350-5500 CNY/ton. Future market forecast: trade tension still threatens the performance of crude oil demand, energy market is inadequate, and the market is expected to be temporarily volatile.
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