the overall inventory pressure after the holiday is relatively limited

Returning from the Labor Day holiday, the overall inventory pressure after the holiday is relatively limited due to the replenishment of low-priced goods before the holiday. In addition, the styrene market continues to heat up, and the styrene downstream market is relatively strong in the early stage. However, with the rapid decline of crude oil, styrene market moves down, and the downstream products drops due to the lack of support. Judging from the situation of each product, the pressure supply and demand of ABS has gradually increased, and the market has continued to fall. The operating rate of PS is not high, but the pressure of supply and demand has not diminished. Moreover, due to its poor profits, the market is mostly affected by the rise and fall of styrene, and follows the trend of styrene market as a whole. The epidemic in some areas affects logistics and transportation, and the demand of end-users is relatively limited. Let's take a look at the actual changes in the styrene downstream products and the subsequent development.