1、 Price trend
According to the monitoring data of the business community, the average price of EPS ordinary material was 11075 yuan / ton on March 1 at the beginning of this week, and the average price of EPS ordinary material was 11075 yuan / ton on March 5 at the end of this week, up 21.70% compared with the same period last year.
2、 Market analysis
The profit of raw material styrene increased. The sharp fall of futures led to the drop of spot price. The good transaction of paper goods after the middle of the week led to the rebound of styrene price. As of March 4, the spot price of styrene in Jiangsu was about 9700 yuan / ton, up 125 yuan / ton or 1.31% compared with the closing price of 9575 yuan / ton on February 25. In addition, most domestic EPS factories have continuously lowered their ex factory prices. In addition, the profit taking of low price goods before the festival has increased, and the overall market transaction is weak. According to the statistics of the business agency, since the end of the festival, as of March 4, Jiangyin Jianlong’s ordinary materials had been delivered at 10900 yuan / ton, down 300 yuan / ton, down 2.68% on a month on month basis, and the fuel had been delivered at 11200 yuan / ton, down 2.61% on a month on month basis.
3、 Future forecast
At present, the delivery pressure of some EPS factories is obvious, and the inventory reduction is negative. However, there may be a device restart next week, and the cost pressure is obvious, so it is expected that the EPS market will fluctuate in a narrow range next week.
| sulphamic acid |