The styrene market continued to rise today. The production price of styrene in Shandong was 10070.00 yuan / ton, up 2.23% from 9850.00 yuan / ton yesterday.

Today, the styrene market as a whole continued to rise sharply. On Monday, the market traded the logic of energy crisis. Crude oil continued to strengthen and the supply and demand of pure benzene slightly relaxed. However, with the support of cost, the price of pure benzene continued to rise sharply today, and the cost side was supported by styrene. Under the power restriction policy, the downstream construction remained low, but the downstream construction increased, coupled with the expected reduction of domestic supply of styrene, which boosted the mentality of market participants. Today, domestic production enterprises continue to make up for the rise, and it is expected that the styrene market will still be strong and volatile in the short term.

Today, the price of styrene in Shandong is around 9900-10200 yuan / ton.