Styrene prices will rise more or less

[comment] January 19th chemical styrene commodity index was 63.31, compared with yesterday dropped 0.48 points, compared with the highest point in the cycle of 120.11 point (2012-10-29) decreased by 47.29% compared with December 18, 2014, the lowest point of 56.26 rose 12.53%. (Note: the cycle refers to 2011-09-01 so far)

Iran city to the lifting of sanctions oil news sustained oil prices under pressure, but Chinese oil demand strong performance brought some support. U.S. WTI crude oil futures prices hitting an intraday low of $ 28.23 / barrel. Brent crude oil futures prices touched intraday high of $30.25 / barrel. With crude oil futures, stock market, electronic disk fell, trading days in bad continue to suppress the market, domestic enterprises industry began to follow the market prices. The current season trend, demand is still low, the lower performance on the spot according to need, much to digest the contract. See business mentality. But the Spring Festival approaching, or holiday slowly floating now. Business analysts believe that the recent bad effects of agency business mentality, expected styrene prices will rise more or less.

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