1、 Price trend

 
According to the Commodity Market Analysis System of the Business Society, the average price of PS at the beginning of this week was 9233 yuan/ton, and the average price of PS at the weekend was 9200 yuan/ton. The price decreased slightly by 0.36%, a decrease of 19.42% compared to the same period last year.

2、 Market analysis

PS market wait-and-see consolidation, with low enthusiasm for buying and taking goods. At the end of the month, merchants are cautious and cautious, looking more and moving less.

International crude oil and styrene prices have risen, while PS petrochemical manufacturers have stabilized prices. The pace of buying and following up has been slow, and merchants are operating according to the market. The mainstream price of GPPS (Polyphenylene sulfide) in East China market is 8000-9300 yuan/ton, and the mainstream price of HIPS (polystyrene) is 8550-9650 yuan/ton.

3、 Future Market Forecast

Trading in the PS market is light, and it is expected that the PS (polystyrene) market may experience a volatile and weak trend in the short term.