Review of Styrene Market on December 12

2022-10-03
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Review of Styrene Market on December 12

Wednesday for commissioning inspection (December 12), crude oil prices fluctuated, domestic styrene market prices fell slightly, negotiations were limited, and transactions were scarce

East China market: in the morning, traders in East China Styrene Market intended to offer 10900 yuan/ton (from Zhangjiagang), with few transactions In the afternoon, the quotation of East China styrene was 10800 yuan/ton (from Zhangjiagang), and the buying intention was yuan/ton (from Zhangjiagang). The negotiation and transaction were limited

provide a comprehensive solution to the packaging problems concerned by modern life, such as food packaging safety, e-commerce logistics packaging, convenient packaging, etc. in the South China market: in the morning, the intention price of sporadic sellers in the South China styrene market was yuan/ton (delivered), and there were transactions at lower prices, with limited transactions. In the afternoon, the Styrene Market in South China was negotiated and the transaction price was yuan/ton (delivered), and the transaction was limited

influencing factors and market trends: crude oil prices fluctuate, the domestic styrene market atmosphere is still depressed, there are many market inventories, weak demand, low-cost goods, impacting the market. Market participants predict that the domestic styrene market will be slightly consolidated in the near future, and there will be no shortage of downturns.

on Wednesday (December 12), crude oil prices fluctuate, the domestic styrene market prices decline slightly, negotiations are limited, and transactions are rare

East China market: in the morning, traders in East China Styrene Market intended to offer 10900 yuan/ton (from Zhangjiagang), with few transactions In the afternoon, the quotation of East China styrene was 10800 yuan/ton (from Zhangjiagang), and the buying intention was yuan/ton (from Zhangjiagang). The negotiation and transaction were limited

South China market: in the morning, the South China styrene market was sporadic for frugal capital. The seller's intended price was yuan/ton (delivered), and there were transactions at lower prices, with limited transactions. In the afternoon, the Styrene Market in South China was negotiated and the transaction price was yuan/ton (delivered), and the transaction was limited

influencing factors and market trend: the crude oil price is volatile, the domestic styrene market atmosphere is still depressed, there are many market inventories, weak demand, low-cost goods, impacting the market. Market participants expect that the domestic styrene market will be slightly consolidated in the near future, and there is no lack of downside possibility. Possible

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