The Styrene Acrylonitrile market in the United States has shown declining this month, because of the changing market dynamics. While the initial days of the month saw continuous activity, the second half displayed some reduction. As this month is about to end, market sentiment remains cautious, and market participants are studying the changing supply and demand scenario, affecting Styrene Acrylonitrile prices.
On a weekly basis, Styrene Acrylonitrile prices remained stable during the first week of November, before experiencing a slight decline by mid-month. As of xxnd November, Styrene Acrylonitrile was getting traded at USD x,xxx per MT on a FOB 鈥� Houston basis, showing a reduction of approximately x.xx from the beginning of the month. This declining trend was because of the inventory adjustments and reducing demand from the downstream automobiles sector due to a significant reduction in the business of electric vehicles. The seasonal...
