Introduction to styrene: January 6: weak shock in domestic styrene market
Guide to styrene: Yesterday, the domestic styrene market was in a weak shock. With the sharp rise in crude oil intraday, the decline of styrene price was restrained under the common boost of macro good news. The overall reduction of domestic Reserve raised investor confidence. The financial and bulk futures markets generally rebounded, but the trading activity was still low, and most market participants were still rational operation. The reference price in East China is 7240-7300. Future market forecast: continue to pay attention to the new device dynamics, styrene or in the macro and crude oil favorable narrow amplitude strong finishing.
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