1、 Price trend

PS market trend performance is light, the quotation is stable. The downstream continues to purchase on demand, and the overall trading performance of the market is poor. Business bearish future market, the actual operation maintenance stability.

2、 Market analysis

PS market trend is stable, Zhanjiang Sino US PS ex factory price, 525 quotation is 8300 yuan / ton. The ex factory price of CITIC Guoan PS is 7950 yuan / T.

In August 2020, China’s export volume of PS (polystyrene) was about 4000 tons, with a year-on-year increase of 0100 tons and a year-on-year increase of 2.56%. From January to August 2020, the total export volume was 21800 tons, with a year-on-year decrease of 4400 tons, with a year-on-year decrease of 16.79%.

3、 Future forecast

PS market operation is generally stable, downstream buyers demand is not high, in the case of low shipment, adhere to short-term prudent operation.