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Only when it blooms in the night can people appreciate the splendor of fireworks, but if it falls in the daytime, people will always forget the splendor of meteo.
——Foreword
In the long journey of time, there is always something constant that moves round and round, perhaps just changing the skin, perhaps just changing the way, so, Mark Twain once said: "History will not repeat itself, but always There is a striking resemblan.
International Crude Oil: Substantial Progress Made at Ministerial Meeting
The 7th OPEC and non-OPEC ministerial meeting was held in Vienna, the capital of Austria on December 6, 201 After studying the recent oil market conditions, global inventory levels, overall market and market sentiment, and 2020 outlook forecasts, and taking into account and After the consuming countries continued to negotiate, they finally decided to reduce crude oil supply by another 500,000 barrels per day on the basis of the agreement of the 5th ministerial meeting, reaching a total reduction of 7 million barrels per d.
Styrene: Multi-line parallel when warming is in progress
Styrene, which has been diving at a high level in the early stage, is also relieved recent.
Petrochemical enterprises: tight goods and high prices actively help
Due to the sluggish departure speed, the short-term market is out of sto.
area | grade | December 2 | December 11 | ups and downs |
Sinopec East China | 275 | 11000 | 11200 | 200 |
8391 | 11800 | 12000 | 200 | |
PetroChina Southwest | 0215H | 11900 | 12100 | 200 |
0215A | 11900 | 12100 | 200 | |
750ASQ | 11800 | 12000 | 200 | |
PT151 | 11850 | 12050 | 200 | |
H816 | 11850 | 12050 | 200 | |
GE-150 | 11850 | 12050 | 200 | |
CNPC East China | 0215A | 11900 | 12100 | 200 |
750A | 11850 | 12050 | 200 | |
215H | 11900 | 12100 | 200 | |
215ASQ | 11850 | 12050 | 200 | |
GE150 | 11850 | 12050 | 200 | |
PetroChina Northeast | 0215A | 11900 | 12100 | 200 |
750A | 11900 | 12100 | 200 | |
GE-150 | 11900 | 12100 | 200 | |
PetroChina North China | 0215A | 11900 | 12000 | 100 |
750A | 11900 | 12000 | 100 | |
GE-150 | 11900 | 12000 | 100 |
area | grade | December 2 | December 11 | ups and downs |
Sinopec East China | 275 | 11000 | 11200 | 200 |
8391 | 11800 | 12000 | 200 | |
PetroChina Southwest | 0215H | 11900 | 12100 | 200 |
0215A | 11900 | 12100 | 200 | |
750ASQ | 11800 | 12000 | 200 | |
PT151 | 11850 | 12050 | 200 | |
H816 | 11850 | 12050 | 200 | |
GE-150 | 11850 | 12050 | 200 | |
CNPC East China | 0215A | 11900 | 12100 | 200 |
750A | 11850 | 12050 | 200 | |
215H | 11900 | 12100 | 200 | |
215ASQ | 11850 | 12050 | 200 | |
GE150 | 11850 | 12050 | 200 | |
PetroChina Northeast | 0215A | 11900 | 12100 | 200 |
750A | 11900 | 12100 | 200 | |
GE-150 | 11900 | 12100 | 200 | |
PetroChina North China | 0215A | 11900 | 12000 | 100 |
750A | 11900 | 12000 | 100 | |
GE-150 | 11900 | 12000 | 100 |
Supply and demand side: Rare easing brings surprises
Supply: With the approaching of the new year, whether it is to drop orders before the year or to prepare for work resumption after the year, the demand for raw materials by merchants has increas.
need:
In October 2019, the output of household refrigerators was 046 million units, a year-on-year increase of 0%; the cumulative output from January to October was 7109 million units, a year-on-year increase of
In October 2019, the output of household washing machines was 615 million units, a year-on-year increase of 15%; the cumulative output from January to October was 6415 million units, a year-on-year increase of
In October 2019, the output of color TVs was 1968 million units, a year-on-year decrease of 8%; the cumulative output from January to October was 15956 million units, a year-on-year decrease of
Although the output of color TVs has declined slightly, the output of household refrigerators and household washing machines has both rebounded, which can also be called a long droug.
Summary: Upstream, petrochemical, supply, and demand have all sent assists, which is really exciting and good news, and the market price continues to rise, and merchants just take this opportunity to operate at the end of the ye.
I don't want you to be a daytime shooting star, short, hurried, bustling, and scatter.