On November 12, the domestic styrene market continued to be weak
Yesterday, the domestic styrene market continued to be weak, and the styrene spot negotiation continued to decline at the beginning of the week. Market participants maintained a cautious view on the future of subsequent demand, and the procurement was rational. In the macro aspect, the supply of short-term parts of the downstream, such as EPS, was seasonally tight, the main downstream continued to improve, and the market still had some pressure. The reference price in East China is 7250-7300. Aftermarket forecast: pay attention to the arrival situation and the changes of the peripheral trade environment, and expect the market to maintain a weak position in the short term.
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