1.Price Trend

　　PS market slightly increased, upstream continued to explode, downstream demand performance is poor, resulting in the overall performance of trading stalemate. On-site businessmen have a slightly good mentality and flexible operation. Price: GPPS mainstream offer is RMB 9700-10400/ton, HIPS mainstream offer is RMB 10450-11300/ton.

　　2.Cause analysis

　　PS market quotation: Zhanjiang Sino-US PS ex-factory price, 525 quotation for RMB 9900/ton. CITIC Guoan PS ex-factory price, 525 quoted for RMB 9400/ton. The market is stable in delivery and the trading atmosphere is cool.

　　3.Future Market Forecast

　　PS market is stable and strong, and the ex-factory quotation of petrochemical enterprises has been increased individually. As the downstream demand is flat, the atmosphere in the venue is relatively flat. Traders have the same wait-and-see and flexible operation. Zhejiang Plastic Market expects that PS market will maintain a steady small and medium-sized upward trend.

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