Analysis of Styrene Market on November 3

Styrene Market weakened today. The production price of styrene in Shandong was 9520.00 yuan / ton, down 1.04% from 9620.00 yuan / ton yesterday.

Thiourea

Styrene market fell today. There was a correction in crude oil, the raw material pure benzene continued to fall, the current price difference in the market period was slightly small, the import cost and listing price cost were supported, and the overall negotiation atmosphere was light. The cost support of styrene was temporarily stable, some shipments were closed actively in the market price decline, and the selling price was allowed. The increase of bad news suppressed some bargain hunting replenishment transactions. It is expected that the styrene market may still fall slightly in the short term.

Today, the price of styrene in East China was reduced to around 9300-9350 yuan / ton. The quotation in Northeast China is reduced to about 8950 yuan / ton, and that in South China is about 9150-9200 yuan / ton.

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