Operational recommendations for styrene on November 25


Styrene May contract closed at 7013 / ton at night, up 13 / ton, up or down 0.19%.¬† East China’s pure benzene supply and demand two weak to 5350 yuan / ton; styrene high transactions were blocked, merchants let delivery, North China sent down 65 to 7335, Shandong sent down 50 to 7375, East China rebounded from 75 to 7200, sent to maintain 7400; PS, ABS price consolidation, EPS have loosened.

Logic: The price of short-term or boosted oil liquefied products rebounded, and next week’s increase will suppress the rebound high strategy: 6950 is more than one line.

Translated by from http://www.cria.org.cn/newsdetail/51839.html


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