Short term domestic Styrene Market narrow finishing

of chemical production enterprises to stop selling the country at the end of the basic settlement, long-distance spread is still large, expanding the scope of arbitrage. Cost: ethylene benzene market weakness down narrow consolidation.

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In December 29th, Southern China styrene market steady light – Wen Guangzhou market has intention to sell 10100 yuan / ton from mentioning, 10200-10250 yuan / ton to a talk. North China styrene market price stability is not a wait-and-see, cost price, large span, the smell of arbitrage selling 9850 yuan / ton supply intention to or slightly lower, while the self-produced intention of selling 9900 yuan / ton and above to the firm, talk. East China styrene market to stabilize flat open, there are some selling intention: domestic imported 9900-9930 yuan / ton, 9950 yuan / ton, it is buying intention in 9800-9850 yuan / ton, the real single talk. PetroChina northeast styrene prices temporarily stabilized, under the flag of Jinzhou, Jinxi, Fushun, Daqing and other styrene reported 9400 yuan / ton, the device starts in about 8 as output, priority and internal mutual supply contracts, spot sales. Sinopec North China styrene prices temporarily stabilized, recently under: Qilu, Qingdao jade, temporary implementation of 9900 yuan / ton, Yanshan Petrochemical 9700 yuan / ton, Tianjin in the temporary implementation of 9800 yuan / ton, temporary contract, spot suspend billing. Sinopec East China sales company styrene prices temporarily stabilized, the smell of foreign sales of its subsidiary companies of Zhenhai Refinery Factory implementation of 10050 yuan / ton, the execution of the contract, at the end of the month to stop selling settlement.

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At present, the market is still in a low styrene styrene market supply and demand conditions, the light, before New Year’s Day downstream stocking limited, social business data analysts expect the Styrene Market in the short term or to maintain a narrow range consolidation.

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