1、 Price trend

According to the monitoring data of the business community, the average price of PS ordinary materials at the beginning of this month was 10550 yuan/ton, and the average price of PS ordinary materials at the end of this month was 10466 yuan/ton, down 0.79%, down 4.85% compared with the same period of the year.

2、 Market analysis

At present, PS (polystyrene) trading is cold, and the enthusiasm of merchants to offer is obviously weakened. Quotation reference of mainstream brands: Dushanzi 500, 10100-10200 yuan/ton; CITIC 525 is out of stock, Saibaolong 525 is reported as 10000 yuan/ton for factory delivery, Liwan 525 is reported as 9950-10000 yuan/ton for bulk cargo, Shanghai SECCO 123P is reported as 10400-10500 yuan/ton, Zhenjiang Qimei PG33 is reported as 11500 yuan/ton, and Yangba 158K is reported as 11500-11700 yuan/ton for lack of cargo; Huajin 825 reported 10700-10750 yuan/ton; Ningbo Taihua 535N quoted 11400 yuan/ton. The above prices are tax inclusive and are subject to firm negotiation.

At present, styrene is weak and volatile, petrochemical manufacturers maintain stability, and market trading slows down near the National Day holiday. Businesses are not enthusiastic about trading, so they mainly wait and see. It is expected that the short-term domestic PS (polystyrene) market will fluctuate in a narrow range. The mainstream price of GPPS (polyphenylene sulfide) in the East China market will be 9800-11500 yuan/ton, and the mainstream price of HIPS (polystyrene) will be 10400-11700 yuan/ton.

3、 Future market forecast

At present, PS downstream trading and investment are slowing down, and the market lacks support from good news. It is expected that the short-term domestic PS (polystyrene) market will rise or fall in a narrow range.