Yesterday (March 28th), styrene market price rose tentative.

It is reported that the recent domestic oil market closed up slightly, the electronic disk near the end of the delivery, generally higher, showed no obvious change external shocks, pupil factors appear, the domestic market price of styrene finishing up. On the spot downstream demand remains level, the fundamentals of supply and demand market stalemate, resistance still continue to digest the contract and inventory, production and other work pressure. Fundamentals in the market stalemate situation, high inventory, low demand contradictions will become more prominent.

At present, the downstream digestion, but near the end of the delivery, domestic production enterprises continue to price flexibility, firm profitability, expected styrene prices in the short term will continue to consolidation, April is still pushing up space.