1、 Price trend
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According to the Commodity Market Analysis System of the Business Society, the average price of PS at the beginning of this week was 9650 yuan/ton, and the average price of PS at the weekend was 9733 yuan/ton, with a price increase of 0.86% and a decrease of 4.89% compared to the same period last year.
2、 Market analysis
The domestic PS market saw a slight increase, with a range of 30-150 yuan/ton. The raw material styrene is subject to strong vibration, resulting in increased cost pressure. Some devices in East and South China have recovered, with slight growth in industry production, and some supply sources have tightened due to production cuts. The mainstream market price reference for GPPS in South China is 9120 yuan/ton. (excluding taxes)
3、 Future Market Forecast
The cost increases, and it is expected that the short-term domestic PS (polystyrene) price may mainly increase slightly.
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