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Home > News > Market Flash > Introduction to styrene: the domestic styrene market fluctuated on November 22

Introduction to styrene: the domestic styrene market fluctuated on November 22

ECHEMI 2019-11-27

phenol

Guide to styrene: Yesterday, the domestic styrene market was volatile, and the stock volume of the spot port was reduced. At the same time, the profit margin of the enterprise was significantly reduced. The domestic production enterprises had a slight decline in negative production. Under the expectation of supply pressure, the middlemen and terminal factories mostly followed the demand, and the market participants intervened rationally. The reference price in East China is 7100-7150. Aftermarket forecast: the market is lack of strong factor guidance, and the confidence in the medium and long term is insufficient, and the transaction focus is expected to continue to decline.

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