** Market stalemate consolidation

Since the beginning of this week, the domestic ** market has continued to wait and see the situation for a long time, and negotiations have continued to show the stalemate performance. On April 20th, the market price in East China remained at RMB 8,100 to RMB 8,200 (t price, the same below), and the overall sentiment continued to wait and see. In North China, the market price was between RMB 8,000 and RMB 8,100. The negotiation performance was dull and the downstream purchase intention price remained low. Transaction is limited.

The market is basically in a wait-and-see situation. On the downstream side, the recent positive news, including phenol, was driven by the 100,000-ton/year plant in Yanshan East, and Jilin Petrochemical's 120,000-ton/year plant was driven; the styrene trend remained high, but the corresponding bearish position was that aniline started poorly, but overall There will be no obvious improvement in demand, and the market will maintain a consolidation pattern.