GYIE Product: Styrene | Market Opening Price Went Up Last Week, and the Corresponding Buying Seems to Be A Little Cautious

Last week, due to the soaring up of overnight crude oil, the market opening price went up, but the corresponding buying seemed to be a little cautious, and the selling quantity was high. As of afternoon session, the prevailing transaction price of the market was around 8050. Last Friday afternoon, owing to the continuous rise of the electronic price of Huaxi Village, and the roaring-up of bulk commodities, the buying price has increased gradually. In general, though, the prevailing transaction price of spot goods was 8050-8070, which went up by 30-40 as compared with the closing of the previous delivery day; in late August, the prevailing transaction price of the futures was 8050-8070, which went up by 30-40 as compared with yesterday; in late September, the prevailing transaction price of the futures was 8050-8070, which went up by 50 as compared with yesterday (by chinayie.com)