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Home > News > Paint & Coating News > Guide to styrene: the market rebound of domestic styrene on November 6

Guide to styrene: the market rebound of domestic styrene on November 6

ECHEMI 2019-11-13

Domestic-Phenol-Market

Guide to styrene: Yesterday, the domestic styrene market rebounded and the center of gravity rebounded. New York crude oil rose 1.2% to close at $57.23, the highest close in a month and a half. Driven by peripheral factors, the market pessimism of financial market recovery improved, and port inventory also decreased. It is expected that the arrival in Hong Kong will be reduced this week, and some short positions will be closed Shake the market. The reference price in East China is 7500-7550. Future market forecast: styrene and related market products gradually stabilized and rebounded, and recently maintained a strong trend. It is expected that the market will be stable temporarily.

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