Industry chain: International: U.S. WTI crude oil futures on Thursday (February January 19th) closed up $0.29, or 0.57%, at $51.37 / barrel. March Brent crude futures Thursday closed up $0.24, or 0.45%, at $54.16 / barrel. The U.S. energy information administration released days data show that U.S. crude oil inventories unexpectedly increased, larger than expected gasoline inventories rose. The Spring Festival is approaching, with the downstream stocking basically completed, a sharp drop in demand, traders operating low mood, industry cautious attitude, operation mood gradually slowed down. More wait-and-see sentiment mentality, market personnel gradually withdraw from the market, offer a narrow down.

Market forecast:

From the supply side, demand before difficult to release, and the new plant put into production during the Spring Festival, the factory inventory will increase, the holiday market supply is expected to be more abundant, the subsequent need to focus on factory equipment operation, export orders and downstream demand recovery. At present, the current price of four carbon materials after ether within the range of business psychology, factory shipments still normal, relatively stable mentality. And most businesses early years after delisting, cautious market, the trading floor is expected to significantly reduce the MEK market the next will be consolidation, volatility is not.