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 8575.00 yuan / ton, down 0.58% from 8625.00 yuan / ton yesterday.

Crude oil rebounded strongly, pure benzene continued to fall, and the spot of styrene futures continued to fluctuate and weaken. Due to the decline of styrene port inventory, delivery at the end of the month, there is still bargain hunting replenishment demand in the market, which is hedged with the expected supply increment, partial arbitrage suppression, unstable spot transactions, etc. under the collision of bad and good, it is expected that the styrene market will still operate weakly in the short term, and the cost side tends to form a bottom support.