Price Trend

PS market is generally stable, individual small drop, individual upstream trend continued to fall, followed by poor downstream demand, resulting in trading remains deadlocked, on-site business cautious operation. Price: GPPS mainstream quotation is 9800-10900 yuan/ton, HIPS mainstream quotation is 10700-12000 yuan/ton.

II. Market Analysis

PS market quotation: Zhanjiang Sino-US PS ex-factory price, 525 quoted for 10050 yuan/ton. CITIC Guoan PS ex-factory price, 525 quoted 9650 yuan/ton. The market turnover and delivery situation is weak, and the trading atmosphere is cold.

3. Future Market Forecast

PS market is basically stable, downstream factories continue to purchase on demand, the overall turnover is not satisfactory. Traders continue to follow the market, and there is a little room for negotiation. It is expected that the PS market will continue to be stable, and there will still be a slight drop in local expectations.