According to the Commodity Market Analysis System of SunSirs, the average quotation for PS at the beginning of this month was 9,366 RMB/ton, and the average price for PS at the end of the month was 9,233 RMB/ton. The price decreased slightly by 1.42%, a decrease of 19.12% compared to the same period last year.

The PS market has seen both ups and downs, with some materials and goods tight, but the pace of buying follow-up is slow, and some material prices still have a negative decline. Mainstream brand quotation without tax reference: Taiwan Taihua 5250 reports 9,550 RMB/ton, Ningbo Taihua 535N reports 8,350 RMB/ton, Shanghai SECCO 123P reports 8,600 RMB/ton, Thai Petrochemical 150 reports 8,690 RMB/ton, Guangzhou Petrochemical 525 reports 8,870 RMB/ton, Hong Kong Petrochemical 1841H reports 8540 RMB/ton.

Crude oil has stopped falling and risen, while styrene has risen in the night trading. The market has a strong sense of caution, and merchants have a slow pace of shipping, operating according to the market. The mainstream price of GPPS (Polyphenylene sulfide) in East China market is 8,000-9,300 RMB/ton, and the mainstream price of HIPS (polystyrene) is 8,550-9,650 RMB/ton.

There is currently no positive support for PS, and it is expected that the PS (polystyrene) market may experience a volatile and weak trend in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.