1、 Price trend

PS market was mixed, ranging from 50-350 yuan / ton. During the week, the supply of some spot goods was tight, the replenishment cost of some brands was increased, and the performance of raw material styrene was acceptable. The East China market was actively exploring and trading in low volume, and some of the pre-sale goods were available after next week. However, the ex factory price of Qimei PS was lowered, and the related brands also fell. Due to the rigid demand and certain demand for goods preparation, the orders of production enterprises increased, the speed of picking up goods accelerated, and the PS inventory continued to decrease.

2、 Market analysis

Zhanjiang Sino US PS ex factory price, 525 quoted 9700 yuan / ton. The factory price of CITIC Guoan PS is 525 yuan / ton. Due to the downstream rigid demand and certain demand for goods preparation, the orders of production enterprises increased, the speed of picking up goods accelerated, and the PS inventory continued to decrease.

3、 Future forecast

The short-term PS market may be stronger, supported by tight supply.