At present, the supply and demand of styrene in China are slightly weak, with a small increase on the supply side, while the demand side is decreasing in the short term.
In addition, the supply in some domestic factories are relatively oversupplied, and some sources of goods have been transferred to the East China market, Which resulting in a small increase in the expected arrival of goods at East China ports. The pure benzene continues to accumulate inventory, resulting in insufficient support on the cost side of styrene. Therefore, in the short term, the price of styrene may be slightly weak, and customers are advised to purchase on demand.
