Introduction to styrene: on October 17, the domestic styrene market fell
Yesterday, the domestic styrene market declined, worried about the global economy and the lack of confidence in the market. The Beige Book of the Federal Reserve shows that the slow expansion and growth of the region bring pressure to the market, the financial market declines, the demand worries caused by the instability of the trade situation, the crude oil in New York falls, and the energy chemical products weaken in the intraday. The reference price in East China is 7680-7750. Future forecast: at present, the contradiction between supply and demand in the market is deepening, the operating rate is expected to decrease, and the market trading atmosphere is expected to be weak.
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