[chemical]  Finance recently, styrene market off-season obvious 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 comes slowly.

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 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 began to follow the market prices.

Overall, the recent bad effects of business mentality, expected styrene prices will rise more or less.

The dynamic part of the enterprise or area of Styrene Market in January 21st:

East China Styrene Market in early trading wait-and-see, now part of the intention of selling 7250 yuan / ton or slightly low, firm talk, temporarily less substantial buying talks.

Southern China styrene market sentiment subdued, the Guangzhou market have heard intentions reported 7250-7300 yuan / ton to deliver Piandan, firm talk.

North China styrene market to follow the market, selling some existing smell intention in the 7250-7400 yuan / ton to a talk, keep buying demand.

Sinopec North China styrene prices temporarily stabilized, Qilu, Qingdao, the implementation of 7300 yuan / ton, Yanshan 7100 yuan / ton; recent output executive contracts.

Lanzhou HSBC styrene prices temporarily stabilized, at 7000 yuan / ton, the normal output, mostly around and southwest pin.

Sinopec East China sales company styrene prices temporarily stabilized, noted recently its foreign marketing Zhenhai factory price temporarily stable price implementation of 7300 yuan / ton.

Sinopec Southern China company styrene prices temporarily stabilized, Guangzhou petrochemical price 7300 yuan / ton; Maoming petrochemical price 7200 yuan / ton, basically at full capacity.

Tianjin Dagu styrene prices temporarily stabilized, at 7300 yuan / ton, the device normal operation, the annual output of 500 thousand tons of equipment operating rate of about 8 into.

In the Northeast oil export prices temporarily stabilized, the styrene’s Jinzhou, Fushun, Daqing and other temporary implementation of 6900 yuan / ton, the device starts in about 8 into.