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During the 11th November, affected by news such as Trump’s infection with the new crown pneumonia and the continuing military conflict in Azerbaijan and Armenia, the international oil price fluctuated violently.
The oil price chose to rise amid wide fluctuations, and its derivatives, downstream chemical products, were significantly boosted.
According to statistics from the Bureau of Statistics, China's PMI in September and the central bank's third-quarter survey report showed that economic recovery accelerated
Secondly, during the National Day, the styrene port inventory did not increase but fell.
On the whole, international crude oil has been relatively strong recently, and geopolitical conflicts have escalated, providing a risk premium to crude oil prices.