The trading atmosphere was light, and PS prices fell

1、 Price trend

 

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According to the monitoring data of the business agency, the average price of PS ordinary materials at the beginning of this month was 11283 yuan / ton, and the average price of PS ordinary materials at the end of the month was 10583 yuan / ton, down 6.20% and 3.20% compared with the same period of the year.

 

2、 Market analysis

 

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At present, the market price of PS (polystyrene) has declined slightly, and styrene has strengthened. However, the purchasing interest of downstream is low, and the shipment of merchants is under pressure, and the profit continues to be increased. Reference for quotation excluding tax of mainstream brands: Zhenjiang Qimei pg33 reported 9700 yuan / ton, Taiwan Taihua 5250 reported 11540 yuan / ton, Ningbo Taihua 535n reported 9620 yuan / ton, Shanghai Secco 123p reported 9700 yuan / ton, Thailand Petrochemical 150 reported 10980 yuan / ton, Guangzhou Petrochemical 525 reported 9250 yuan / ton.

 

At present, the trend of styrene is strong, which boosts the market atmosphere. The impact of low-cost supply in the market and the increase of domestic supply depress the market sentiment. In the game of good and bad news, it is expected that the domestic PS (polystyrene) market will be strong in the short term. The mainstream price of GPPS (polyphenylene sulfide) in the East China market is 9200-11000 yuan / ton, and the mainstream price of hips (polystyrene) is 10400-11700 yuan / ton.

 

3、 Future forecast

 

At present, the downstream trading atmosphere of PS is cold, and it is expected that the short-term domestic PS (polystyrene) market will rise or fall in a narrow range.

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