[chemical] Finance recently, the mainstream market of domestic styrene finishing down. 1 months late, China Styrene Market: domestic mainstream enterprise sale prices. With the rise of East China gradually abundant supply, the mainstream inventory, but low demand growth remains. Downstream demand, the operating rate of about 50%; the peripheral surface continued to suppress bad, crude oil fell to historic lows after the weekend back up slightly, but no favorable cost of supporting styrene.

Overall, styrene market bad press, crude oil continued low volatility, low demand. Business agency analysts believe that the current overall styrene market situation, the lower digestive contract based, on-demand procurement, market wait-and-see attitude is strong, long-term bearish styrene prices.

The dynamic part of the enterprise or area of Styrene Market in January 25th:

East China Styrene Market in early trading wait-and-see, now part of the intention of selling 7200 yuan / ton or slightly low, buying intention of 7050 yuan / ton, a talk.

Southern China styrene market sentiment subdued, the Guangzhou market have heard intentions reported 7250 yuan / ton from mentioning, trading 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 temporarily stabilized, Qilu, Qingdao, the 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 temporarily stabilized, noted recently its foreign marketing Zhenhai 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 temporarily stabilized, at 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 prices temporarily stabilized, the styrene’s Jinzhou, Fushun, Daqing and other temporary implementation of 6700 yuan / ton, the device starts in about 8 into.