According to the Commodity Analysis System of Shengyi Society, the market price of styrene fell on the 13th. Overall, the recent decline in international oil prices, downstream production restrictions and price protection measures for pure benzene, poor terminal demand, coupled with the accumulation of inventory in major ports in East China and weak market sentiment, have accelerated the decline and dragged down the price of styrene. There is little change in the supply side of styrene, and downstream 3S remains stable. Downstream enters the market on dips, and it is expected to consolidate and operate after a short-term market downturn.
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