Styrene Guide: January 16 domestic styrene market consolidation pattern
Introduction to styrene: Yesterday, the domestic styrene market was reorganized. Since the recent stage, the market trading has been in a stalemate. At present, the replenishment activities of downstream factories have been gradually reduced, mostly following the fluctuation of futures market. Driven by capital and related markets, the forward spot performance has been strong, and market participants still have different opinions. The reference price in East China is 7360-7400. Future forecast: in the short term, chemical futures are supported by long sentiment, and the market is expected to be weak.
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