I Price trend

According to the monitoring data of business society, the average price of PS ordinary materials at the beginning of this week was 10066 yuan / ton, and the average price of PS ordinary materials at the weekend was 10100 yuan / ton, with a price increase of 0.33% and 14.77% compared with the same period of the year.

II quotations analysis

The focus of the domestic PS market increased by 90-300 yuan / ton. The rise of crude oil led to the strength of pure benzene and styrene, and the price of PS followed the rise. During the week, there was a high interest in low-level goods preparation in the downstream, as well as some short filling demand, and the transaction volume was phased. However, the shrinking volume of transactions after the market rose showed that buying was cautious. Small and medium-sized downstream factories have holidays one after another. At present, most of them are in demand for goods before the Spring Festival, resulting in tight supply of some goods.

On January 20, 2022, the price of benzene in East China market was 9650-10750 yuan / ton, the low-end chain rose 150 yuan / ton, and the high-end chain rose 250 yuan / ton.

III Future forecast

The rise of crude oil has raised costs and market expectations, but the pre Festival preparation of small and medium-sized downstream factories or their closing in succession, and the interest in receiving goods after the rising price may also be weakened. We pay attention to the operation dynamics of devices in the Spring Festival next week, and it is expected that the PS market will be consolidated next week.