[comment] January 21st Gaede chemical chemical network, styrene market prices remain weak. Because of the global stock market crash, risk aversion heating up again lead to risk assets were sold off sharply, while dealers worried about excess supply situation probably will last longer. In addition, U.S. crude oil spot contract days before the expiration of the closing operation to oil. The United States in February WTI crude oil futures on Wednesday (January 20th) fell $1.91, or 6.71%, at $26.55 / barrel. London, March Brent crude futures Wednesday fell $0.88, or 3.06%, at $27.88 /. The upstream crude oil prices continued to decline, has been less than $27 a barrel, a peripheral low, this is not some support for the formation of the styrene market.

Middle

In January 21st, the domestic market price of styrene weak consolidation. Downstream operating rate, maintain the consumption contract, the end part of large enterprises will also smell the discontinued holiday. East China sales sale last week, the market weakened, the stock market increased, holding the goods price, talks of gravity decline; Southern China: the price of mainstream manufacturers declined slightly, the spot according to need, to discuss the weak. At before the external market bearish demand weakened, expected prices will decline in styrene finishing.