In February 14th, although the organization of Petroleum Exporting Countries (OPEC) cut the execution rate of record highs, but this has long been the market valuation, so investors focus more on last week released the latest U.S. oil drilling report number above, U.S. crude oil production rebounded worries increased oil prices rise again callback pressure.

In February 14th, Southern China styrene market to wait and see, the smell of Guangzhou market with the intention of selling 11900 yuan / ton, imports, domestic to single out, real talk. North China Styrene Market sluggish market wait-and-see, smell the intentions of selling 11850 yuan / ton or slightly lower to the downstream, is still recovering, buying mostly wait-and-see. East China styrene market opened flat spot smell selling intention in the 11850-11900 yuan / ton, the smell of a large single buying intention of 11700 yuan / ton, a talk. PetroChina northeast styrene offer temporary stability, under the flag of Jinzhou, Jinxi, Fushun, Daqing and other styrene reported 11700 yuan / ton, the device starts in about 8 as output, priority and internal mutual supply contracts, a small amount of export.

The United States led the United States styrene device maintenance rose to a 31 month high, with Asia and Europe were sharply arbitrage, arbitrage supply part of Asia to the United states. Domestic production enterprises at present prices temporarily stabilized, the downstream enterprises part of follow up, continue to actively resume production and shift cost pressure, but demand has been restored. But the low demand of styrene market continued, downstream started slow recovery, coupled with the mainstream inventory increased, pressing peripheral rose to bring the entire supply and demand rise, styrene market is more stalemate, is expected to Styrene Market in the short term or a slight decline.