According to the Commodity Market Analysis System of SunSirs, the average quotation for PS at the beginning of this month was 9,166 RMB/ton, and the average price for PS at the end of the month was 9,466 RMB/ton. The price decreased slightly by 3.27%, a decrease of 10.55% compared to the same period last year.
Mainstream brand quotation without tax reference: Zhenjiang Qimei PG33 is quoted at 9,350-9,400 RMB/ton, Taiwan Taihua 5250 is quoted at 9,780-9,790 RMB/ton, Ningbo Taihua 535N is quoted at 8,850-8,900 RMB/ton, Shanghai SECCO 123P is quoted at 8,950 RMB/ton, Thai Petrochemical 150 is quoted at 8,750 RMB/ton, Guangzhou Petrochemical 525 is quoted at 8,750 RMB/ton, and Hong Kong Petrochemical 1841H is short of goods.
Crude oil closed higher, styrene market performance was unstable, cost support remained, and merchants' shipping pace was slow. The mainstream price of GPPS (polyphenylene sulfide) in the East China market was between 9,050 and 10,000 RMB/ton, while the mainstream price of HIPS (polystyrene) was between 9,500 and 10,200 RMB/ton.
PS cost support, it is expected that in the short term, domestic PS (polystyrene) may mainly experience a volatile trend.
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