[chemical] Finance recently, styrene market prices remain weak. 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 fell $0.88 Wednesday, 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.

Downstream operating rate, maintain the consumption contract, the end part of large enterprises will also smell the discontinued holiday. East China sales in general, last week the market weakened, the stock market increased, holding the goods price, talks of gravity decline; Southern China: taking mainstream production spot prices declined slightly, according to need, discuss. At present, the periphery of the market bearish demand weakened, expected prices will decline in styrene finishing.

The dynamic part of the enterprise or area of Styrene Market in January 22nd:

East China Styrene Market in early trading wait-and-see, now part of the intention of selling 7100-7150 yuan / ton or slightly low, buying intention of 7000-7050 yuan / ton, a talk.

Southern China styrene market sentiment subdued, the Guangzhou market have heard intentions reported 7100-7150 yuan / ton to deliver Piandan, firm talk.

North China styrene market to follow the market, selling some existing smell intention in the 7050-7200 yuan / ton to a talk, keep buying demand.

Sinopec North China styrene prices down 200 yuan / ton, Qilu, Qingdao, the jade implementation of 7100 yuan / ton, Yanshan 6900 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 down 200 yuan / ton, recently received its foreign marketing ZRCC factory price temporarily stable price implementation of 7100 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 down 200 yuan / ton, 7100 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 price down 200 yuan / ton, the styrene’s Jinzhou, Fushun, Daqing and other temporary implementation of 6700 yuan / ton, the device starts in about 8 into.