1、 Price trend

According to the monitoring data of business news agency, the average price of PS (GPPS 525) was 10733 yuan / ton at the beginning of this week, and 10800 yuan / ton at the end of this week, with an increase of 0.62% and 37.78% compared with the same period last year.

2、 Market analysis

The upstream styrene was weakened by shock. In addition, after the May Day festival, ordinary benzene accumulated a certain profit, and the market allowed profits to ship, so the focus of negotiation was lower. Styrene stopped falling and rebounded. There was not much supply of ordinary transparent benzene, which led to a large increase. The price change of modified benzene and high-end materials was limited, and the local trading was slightly better. However, the buying resistance to the high, commodity futures fell, PS prices softened.

At present, in Yuyao market, the price of benzene is 11150-12700 yuan / ton, and the price of benzene is 13550-14850 yuan / ton. The high cost of PS, the high restocking rate of merchants and the low operating rate in the year have certain support for the price.

3、 Future forecast

The terminal insists that it just needs to take the goods, and some bulk goods are delivered at a profit margin. It is expected that the PS market will consolidate at a high level next week.