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Jiangsu styrene stocks increased slightly
Based on the latest market datasicboliveonlineAs of May 27, 2024, the inventory of styrene ports in Jiangsu reached 6.sicboliveonline.250,000 tons, an increase of 2,500 tons from the previous cycle, an increase of 4.17%. Among them, commodity inventories rose to 42,500 tons, an increase of 1,500 tons from the previous cycle, an increase of 3.66%.
Market analysts pointed out that although the volume of goods picked up has decreased, the increase in supplementary arrivals to Hong Kong is slightly greater than the volume of goods picked up, resulting in a slight increase in inventory levels. This trend reflects the delicate balance between current market demand and supply.
Overall, this inventory increment data may have a certain impact on market sentiment. Investors need to pay attention to subsequent market developments to assess its potential impact on the industry's supply and demand situation and price trends.
