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Home > News > Paint & Coating News > Introduction to styrene: November 14 domestic styrene market narrowly stabilized

Introduction to styrene: November 14 domestic styrene market narrowly stabilized

ECHEMI 2019-11-20

US-MMA

Styrene Introduction: Yesterday, the domestic styrene market stabilized in a narrow range, the low-end quotation decreased, the focus of spot negotiation moved up, tentative price stabilization. At present, the market sentiment is still affected by external news, the short-term market stabilization, repair and rebound. However, the production process and contract negotiation of new unit capacity continue to affect the market sentiment change, Pay attention to the change of supply and demand and the peripheral macro situation. The reference price in East China is 7200-7260. Aftermarket forecast: in the weak supply and demand forecast, market participants intervene cautiously, and the low level is expected to linger.

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