In fact, 8 months early Asian market performance is consistent, overall ascribed to the high range in 16 years. But since July with the Asian American arbitrage open Asian goods have been exported to the United States, resulting in the market since the beginning of September on the American market a substantial increase in the supply of the concerns, so the market downside risk increase.

But since late August fluctuated downward situation, which greatly hampered the Korean market, although the Korean market decline is not obvious, but the apparent lack of upward support, slightly adjusted frequently. The United States in October decline has continued to increase, the Asian American arbitrage closed, which also increased the Korea late sales pressure, prices continue to fear is limited, short-term upward is not easy.
The counter attack of the road is blocked
Outside 8 months a strong trend to improve significantly, the market focus successively higher, which also led to the trend of the domestic pure wave of small climax, just half a month of continuous increase of Sinopec three years to run high prices. But, then set down, continue to lack of domestic demand, and lower in September and on benzene demand reduction performance also restricts the pure price trend.
Sinopec to halt the troops and wait