January 29th Styrene Market Overview

[chemical] Finance recently, the market price of styrene finishing up. Closing the upstream crude oil prices closed up, but is still low, the electronic disk finishing up to the styrene market have some form of support. In January 28th the domestic market price of styrene finishing up. Downstream operating rate, kehttp://www.barium-chloride.com/blog/wp-admin/post.php?post=1807&action=edit&message=1ep conshttp://www.barium-chloride.com/blog/wp-admin/post.php?post=1807&action=edit&message=1umption contracts. Part of Buzhang domestic production enterprises rise, most enterprises just temporarily stable wait-and-see, price adjustment is completed, there is a big difference between the market liquidity supply costs, resulting in spot market pushed up weak.

East China domestic low-end price decline, while the high-end import price was up, the market price of large span. Southern China’s overall atmosphere is light, with light, part of the cargo hold slightly reported up waiting for the offer. At present the market downstream production gradually increased, weakening demand is expected, styrene prices will remain consolidation trend, difficult to have a substantial change.

The dynamic part of the enterprise or area of Styrene Market in January 29th:

Southern China Styrene Market light trading market, Guangzhou heard sporadic intention of selling 7400 yuan / ton imported from, wait-and-see atmosphere, firm talk.

East China styrene market early exploration rose, heard a big selling intention of 7400 yuan / ton, the smell of a large single buying intention of 7320 yuan / ton, temporarily less substantive talks, a talk.

Sinopec North China styrene prices temporarily stabilized, Qilu, Qingdao, the implementation of 7200 yuan / ton, Yanshan 7000 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 7250 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.

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.

Tianjin Dagu styrene prices temporarily stabilized, at 7200 yuan / ton, the device normal operation, the annual output of 500 thousand tons of equipment operating rate of about 8 into.

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