On December 5, the domestic styrene market was in shock operation
Guide to styrene: Yesterday, the domestic styrene market was in shock operation, with low price level and support near the cost line, continuing to decline or temporarily limited. The crude oil market weighed the trade situation, the possibility of OPEC + expansion and production reduction, and the inventory fell for the first time. New York crude oil rose 4.2% to close at 58.43 USD, the highest closing since November 21. After market forecast: the port spot tightening, the early delay of cargo arrival slow, short-term correction is expected to continue to rebound strong.
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