1、 Price trend
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According to the Commodity Market Analysis System of the Business Society, the average price of PS at the beginning of this week was 9566 yuan/ton, and the average price of PS at the weekend was 9700 yuan/ton, with a price increase of 1.39% and a decrease of 7.32% compared to the same period last year.
2、 Market analysis
Mainstream brand quotation without tax reference: Zhenjiang Qimei PG33 quoted 9900 yuan/ton, Ningbo Taihua 535N quoted 10000 yuan/ton, Shanghai SECCO 123P quoted 9650 yuan/ton, Thai Petrochemical 150 quoted 9450-9500 yuan/ton, Guangzhou Petrochemical 525 quoted 9450-9500 yuan/ton, and Hong Kong Petrochemical 1841H had a shortage of goods.
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The domestic PS market is on the rise, with an increase of 20-200 yuan/ton. Crude oil is on the rise, and the impact of styrene is on the rise. Coupled with the wait-and-see atmosphere in the theater, terminal follow-up is weak, merchants operate cautiously, and cost support is strong. The industry’s production reduction has led to a tight supply of goods in the market, and merchants are attempting to increase their light warehouses.
3、 Future Market Forecast
The cost of PS is supported, and transactions are improving. It is expected that in the short term, the domestic PS (polystyrene) market price will mainly fluctuate and tend to be strong.
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