Introduction to styrene: October 21: domestic styrene market range finishing
Yesterday, the domestic styrene market was reorganized. Due to the insufficient support from weak demand, the energy futures market continued to fall, and it was a new low. Under the market oversold, the low-end decreased, and the probability of technology rebound. When the market was low, the intention of replenishment increased, and the intention of price reduction continued to weaken. The reference price in East China is discussed at 7720-7750, and the future market forecast is that styrene will hit a low point under the superposition of comprehensive factors, and the short-term line may be expected to recover. The medium and long-term line will continue to pay attention to the production of new devices and the downstream demand.
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