Styrene prices rose slightly, EPS turnover improved

1、 Price trend


According to the monitoring data of business society, the average quotation of EPS ordinary materials at the beginning of this week was 10450 yuan / ton, and the average price of EPS ordinary materials at the weekend was 10625 yuan / ton, with a price increase of 1.67% and 32.81% compared with the same period of the year.

2、 Market analysis

At present, the domestic EPS price has risen sharply. Boosted by the shutdown news of Zhejiang Petrochemical, coupled with the good support of pure benzene, styrene futures and spot stocks strengthened significantly. The cost side support is obvious, the EPS market negotiation atmosphere is obviously active, the speculative demand is obvious, and the market turnover is large. However, the market turnover weakened on Thursday and the overall turnover increased month on month during the week.

As of September 9, Jiangsu ordinary materials were 10400 yuan / ton, with a month on month increase of 400 yuan / ton, or 4%, and resistance fuel was 11000 yuan / ton, with a month on month increase of 400 yuan / ton, or 3.77%.

3、 Future forecast

Zhejiang Petrochemical plant has become a key factor for fundamental transformation. It is expected that the domestic production will increase slightly, and the downstream demand has not recovered significantly. It is expected that the EPS market will be restrained first and then increased next week.

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