1、 Price trend

According to the monitoring data of the Business News Agency, the average price of PS brand 525 at the beginning of January was 9766 yuan/ton, and the average price of PS brand 525 at the end of the month was 9733 yuan/ton, down 0.34%, down 3.63% compared with the same period of the year.

2、 Market analysis

The factory price of domestic PS is weak and downward, and merchants are unable to deliver goods at reduced prices. It will take time for the transaction to recover after the holiday, and the market price reduction is limited. At present, the enthusiasm of small and medium-sized downstream factories for replenishment has declined. On December 30, 2022, the price of perbenzene in the East China market fell by 100 yuan/ton to 8700 yuan/ton, and the price of perbenzene was stable at 10250 yuan/ton.

At the cost side, the basic support is limited, and the market lacks positive support. At the supply and demand side, the supply and demand structure may still be loose. As the profit turns to loss, the pressure on the inventory increases continuously. In the second half of January, there is no shortage of production reduction and negative reduction of devices.

3、 Aftermarket forecast

The overall performance of PS market in January was weak, and it is expected that the price of PS will be mainly in a weak trend.