Methyl Ethyl Ketone, also known as MEK, Butanone, Ethyl Methyl Ketone is a colourless clear and volatile liquid.
Styrene currently has no effective one-sided driving force. With expectations of weakening supply and demand on its own
The rise in crude oil prices and the increase in styrene supply are beneficial to market sentiment. However, at the same time, the supply of domestic and imported sources is loose.
Due to the escalation of the Russia-Ukraine conflict, international crude oil prices have been continuously rising.
The current market situation of ethyl acetate is weak. The poor sales of the main factories have led to continuous pressure on the price.
Last week, under the positive macroeconomic conditions, market participation enthusiasm increased, driving a general rise in bulk commodities. Coupled with the initial boost from styrene, the price of pure benzene rebounded significantly. Downstream buyers were active in purchasing, and factories had no inventory pressure.
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