October 29, weak operation of domestic phthalic anhydride market

Styrene Guide: Yesterday, the domestic Styrene market was weak and volatile, and the market sentiment was not good. Crude oil prices in OPEC deepened production reduction and the decline of US crude oil inventory stimulated the continuous rebound of crude oil. However, for petrochemical products, the boost was limited. Because of more worries about the later aggravation of the supply-demand contradiction, the company was cautious about the long-term market, and still cautious Weak in shock. The reference price in East China is 7600-7680. Future forecast: at present, there is no clear trend. Most of the middlemen are in the trend of shipment, focusing on the subsequent changes in the supply side and the impact of peripheral factors.