According to the latest news, crude oil is expected to be weak, while the production raw material side is expected to rise steadily but slightly, and the cost support for styrene has been strengthened. In terms of styrene itself, there is a short-term reduction in domestic supply, but the overall inventory reduction is slow, and the supply still appears abundant.
For downstream industries, there is still some room for the recovery and improvement of rigid demand, but the expectation for spot demand continues to be weak. The supply and demand of styrene maintain a wide balance. Judging from the fundamental aspects, without the influence of new positive factors, styrene is expected to continue to show a slight fluctuating performance this week.
