[hot] chemical net daily market price of styrene finishing down. The United States spending bill to end 40 years of the ban on exports of crude oil, but the oil for the first time in 5 weeks the number of active drilling rise aggravated oversupply concerns, oil prices are still under great pressure. The United States in January WTI crude oil futures on Friday (December 18th) fell $0.22 to $34.73 / barrel. London, February Brent crude futures fell $0.18 on Friday, at $36.88 / barrel. This makes the market lose some support of styrene. The price of raw materials, $styrene decline, domestic petrochemical enterprises by listing, the market price of styrene low finishing. The downstream off-season demand gradually reduced to the low consumption, the main contract. Keep the east low cost support, supply and demand, the recent end of delivery, continuous low peripheral to the game, the market remained low; Southern China styrene imports are abundant, the dominant market temporarily, finishing the low weak, with shell pricing compared with each other.

East China styrene market opened slightly higher, the intention of selling stock 7080 yuan / ton, sporadic buying offer in 7000 yuan / ton, a talk. Southern China Styrene Market in early trading market opened flat, Guangzhou heard a bidding intention in the 7000-7050 yuan / ton to firm out about buying wait-and-see. North China styrene market to follow the market, the current intention of selling smell 7000 yuan / ton to firm talk. In the Northeast oil export price down 100 yuan / ton, the styrene’s Jinzhou, Fushun, Daqing and other new executive price 6600 yuan / ton, the device starts in about 8 into. Sinopec East China company styrene offer temporary stability, the implementation of 7100 yuan / ton. Sinopec Southern China styrene prices down 300 yuan / ton, Guangzhou Petrochemical 7050 yuan / ton; Maoming Petrochemical 6950 yuan / ton, basically at full capacity, Guangzhou Petrochemical Park, is expected to restart in January 8th. The North China branch of Sinopec styrene prices temporarily stabilized, under the flag of Qilu, Qingdao, the jade implementation of 7000 yuan / ton, Yanshan 6700 yuan / ton. Lanzhou HSBC styrene prices temporarily stabilized, at 6700 yuan / ton, the normal output, mostly around and southwest pin. Tianjin Dagu styrene prices temporarily stabilized, at 7000 yuan / ton, the device normal operation, the annual output of 500 thousand tons of equipment operating rate of about 8 into.

The overall domestic market price rise trend weak downward, there are differences. Business agency styrene analyst Chen Di believes that the current external influence continued bearish, is expected in the short term will remain low styrene.