PS Market Analysis on April 27

1、 Price trend

 

Price: the main quotation of GPPS is 7800-8900 yuan / ton, and that of hips is 8700-9700 yuan / ton.

 

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2、 Market analysis

 

The market trend was light, with some quotations down. At present, the downstream continues to purchase on demand, and the overall market trading performance is poor. Businesses are short of the market, and the actual operation is more stable and lower.

 

3、 Future forecast

 

PS market weak operation, downstream buyer demand is not high, in the case of low shipments, adhere to short-term prudent operation. On the other hand, due to the continuous reduction of some petrochemical ex factory offers, the support of the spot market is insufficient. PS market is still expected to adjust downward.

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