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Home > News > Paint & Coating News > Introduction to styrene: November 21, weak domestic styrene market

Introduction to styrene: November 21, weak domestic styrene market

ECHEMI 2019-11-27

paint-law

Introduction to styrene: Yesterday, the domestic styrene market was relatively weak. Although the price of styrene was very low, the market sentiment was unstable and the atmosphere of speculation was not high. Recently, it fell to the low position in another shock. The subsequent production process of new devices is approaching. At the end of the month, the ocean cargo sources are concentrated, and the market participants still lack of confidence in the long term. The reference price in East China is 7200-7220. Future forecast: due to the pessimistic expectation on the macro level and supply fundamentals, the market has limited space to continue to rise.

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