1、 Price trend

According to the monitoring data of the business agency, the average price of PS ordinary materials at the beginning of this week was 10583 yuan / ton, and the average price of PS ordinary materials at the weekend was 10550 yuan / ton, down 0.31% and 3.51% compared with the same period of last year.

2、 Market analysis

At present, the PS (polystyrene) market offer is slightly down, styrene is strong, downstream purchasing interest is low, merchants’ shipments are under pressure, and they continue to yield profits. Reference of mainstream brand excluding tax quotation: Zhenjiang Qimei pg33 quoted 9680 yuan / ton, Taiwan Taihua 5250 quoted 11290 yuan / ton, Ningbo Taihua 535n quoted 9850 yuan / ton, Shanghai Secco 123p quoted 9670 yuan / ton, Thailand Petrochemical 150 quoted 10800 yuan / ton, 650 quoted 10070 yuan / ton; Guangzhou Petrochemical 525 reported 9200 yuan / ton.

Crude oil continues to decline, styrene is strong, petrochemical manufacturers are operating at a high price, and the supply of some materials in the market has increased. It is not excluded that merchants sell at a discount. The mainstream price of GPPS (polyphenylene sulfide) in the East China market is 9600-10900 yuan / ton, and the mainstream price of hips (polystyrene) is 10050-11600 yuan / ton.

3、 Future forecast

At present, the downstream trading atmosphere of PS is cold, and it is expected that the domestic PS (polystyrene) market will be adjusted in the short term.