1、 Price trend
According to the analysis system of the commodity market of the Business Society, the average price of PS at the beginning of this week was 9466 yuan/ton, and the average price of PS at the weekend was 9533 yuan/ton, with a price increase of 0.70% and a decrease of 8.92% compared to the same period last year.
2、 Market analysis
PS (polystyrene) cost support.
The cost support is obvious, and PS (polystyrene) petrochemical manufacturers have adjusted their prices, causing the market focus to rise. Buying at high prices has led to resistance, resulting in a situation where there is a price without a market. The mainstream price of GPPS (polyphenylene sulfide) in the East China market is between 9600 and 11000 yuan/ton, while the mainstream price of HIPS (polystyrene) is between 10000 and 11100 yuan/ton.
3、 Future Market Forecast
PS cost support, it is expected that the domestic PS (polystyrene) market price may mainly show a slight upward trend in the short term.