Last week, regarding styrene‘s own supply and demand dynamics, domestic supply returned to normal levels, with expectations of further incremental growth potential. Additionally, factory shipments have stabilized. On the demand side, the three major downstream industries are barely maintaining their demand.
As individual downstream industries enter their off-peak seasons, there is a potential for a slight decrease in the overall demand for styrene from downstream. Therefore, from an overall perspective, there is a higher probability that the domestic styrene market will exhibit weaker performance.
