October 23 PS market analysis

1、 Price trend

 

sulphamic acid

Most PS factory prices in China are stable temporarily, while the firm offers stable, and the poor downstream demand is the main factor hindering the overall market atmosphere to be good.

 

2、 Market analysis

 

PS market trend is stable, and the price of PS in Zhanjiang is RMB 8400 / ton. The factory price of CITIC Guoan PS is 7950 yuan / ton for 525.

 

In August 2020, China’s PS (polystyrene) export volume was about 40000 tons, an increase of 01000 tons, an increase of 2.56% year-on-year. The total export volume from January to August 2020 was 21800 tons, a year-on-year decrease of 44000 tons, a year-on-year decrease of 16.79%.

 

3、 Post market forecast

 

PS market trend is stable, downstream factories into the market inquiry is general, the on-site mentality is cautious. It is expected that PS will be stable in operation, and it may be increased in a narrow range in some areas.

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