According to the Commodity Analysis System of Shengyi Society, on the 6th, the market price of styrene fell, with a daily decline of 0.93%. Overall, international oil prices have recently fallen, with average support from the raw material side. Supply side production has slightly declined, while port inventory remains high. Downstream production of 3S has been restored to normal levels, but inventory accumulation remains high and there is significant resistance to further increase in production. Currently, styrene is mainly constrained by the decline in crude oil prices, with a strong willingness to ship and a poor mentality, resulting in a continuous decline in styrene prices. The demand improvement needs to be restored, and it is expected that the market will consolidate and operate after a short-term decline.
| http://www.pva-china.net |