1、 Price trend
According to the monitoring data of business news agency, the average price of PS (GPPS 525) was 10600 yuan / ton at the beginning of this week, and 10533 yuan / ton at the end of this week, with a price drop of 0.63% and an increase of 30.04% compared with the same period last year.
2、 Market analysis
The domestic PS market fell mainly, with a range of 50-250 yuan / ton. Raw material styrene low consolidation, combined with PS ex factory price down impact, the market with the mood is strong, business price shipping. Styrene rebounded on Wednesday, and an unexpected impact of an enterprise in Jiangsu Province. On Thursday, some businesses tentatively pulled up. The replenishment operation of traders was slightly better, and the terminal heard that it was general.
The factory price of PS has been lowered, the tight supply situation has been improved to some extent, and the downstream demand is weak. In Yuyao market, the price of benzene is 10650-12200 yuan / ton, and the price of benzene is 12500-14200 yuan / ton.
3、 Future forecast
At present, the overall impact of PS construction is improving, and the market supply increase is expected to be obvious. It is expected that the PS market will be consolidated in a narrow range next week, and some of them will rise.
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