Poor deal, PS price down

1、 Price trend

 

PVA

According to the monitoring data of the business community, the average price of PS ordinary materials at the beginning of this week was 10100 yuan/ton, and the average price of PS ordinary materials at the weekend was 10066 yuan/ton, down 0.33%.

 

2、 Market analysis

 

PVA 1788 (PVA BP17)

At present, the decline of PS (polystyrene) market continues. Styrene opens at a high price, but it has limited impact on the market

 

The raw material surface continues to vibrate in the box, the on-site trading atmosphere is not good, the downstream procurement is lack of interest, the merchant shipping resistance still exists, and the firm offer is flexible and profitable. The mainstream price of GPPS (polyphenylene sulfide) in East China market is 9350-10900 yuan/ton, and the mainstream price of HIPS (polystyrene) is 10100-11300 yuan/ton.

 

3、 Future market forecast

 

PS market turnover is light, and short-term domestic PS (polystyrene) market is expected to be weak and deadlocked.

http://www.pva-china.net

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