SunSirs: The Transaction was Light, and the Price of PS Fell in China

https://www.chemnet.com   May 21,2024 SunSirs PS market transactions are weak, and it is expected that the short-term PS price will be dominated by weak shocks. SunSirs

　　According to the commodity market analysis system of SunSirs, the average price of PS at the beginning of this week was 10,266 RMB/ton, and the average price of PS at the weekend was 10,100 RMB/ton. The price fell by 1.62%, and increased by 5.57% compared with the same period of the year.

　　Reference for quotation of mainstream brands excluding tax: Zhenjiang Qimei PG33 quoted 10,640-10,700 RMB/ton, Ningbo Taihua 535n quoted 9,870 RMB/ton, Shanghai Secco 123P quoted 10,100-10,200 RMB/ton, Thai Petrochemical 150 quoted 10,300 RMB/ton, 650 quoted 11,030-11,050 RMB/ton; Guangzhou Petrochemical reported 9,620-9,650 RMB/ton for 525 and 10,550-10,570 RMB/ton for 660.

　　The PS (polystyrene) market is dominated by the decline, styrene is narrow and strong, most merchants sell goods at a profit, the market is difficult to be optimistic, and the insiders are not confident enough, so follow the market. The mainstream price of GPPS (polyphenylene sulfide) in East China market is 9,600-11,600 RMB/ton, and that of hips (polystyrene) is 10,350-12,100 RMB/ton.

　　PS market transactions are weak, and it is expected that the short-term PS price will be dominated by weak shocks.

 Print  |    add to Favorites  |    Close