Today, Shandong styrene market continued to decline in a narrow range. According to the data of business agency, the production price of styrene in Shandong was 9390.00 yuan / ton, down 0.11% from 9400.00 yuan / ton yesterday.

Styrene market fell slightly today. Crude oil was strong, pure benzene fluctuated, ethylene fell, and the cost was supported, but it weakened temporarily. After the market surged, the futures position decreased, and the inventory of mainstream ports decreased, but the supply of domestic enterprises was abundant. The downstream demand is weak, the market is insufficient, the low price follows up, and the overall transaction is not smooth. It is expected that the styrene market will still operate in shock in the short term, and the cost side will tend to form a bottom support.

Today, the price of styrene in East China was reduced to around 9150-9200 yuan / ton. The quotation in Northeast China is stable around 8900 yuan / ton, and that in South China is stable around 9400-9450 yuan / ton.