Macroeconomics 1. [Economic Goals] The Government Work Report outlines the main expected development goals for 2026 as follows: economic growth of 4.5%-5%, with efforts to achieve

Macroeconomics 1. [Foreign Exchange] The People's Bank of China announced that, effective March 2, 2026, the foreign exchange risk reserve ratio for forward foreign exchange sales

On February 13th, the benchmark price of PS in SunSirs was 8,400.00 RMB/ton, a decrease of 0.4% compared to the beginning of this month (8,433.33

On February 11th, the benchmark price of PS in SunSirs was 8,400.00 RMB/ton, a decrease of 0.4% compared to the beginning of this month (8,433.33

In 2025, China's chemical industry exhibited a pattern of “overall growth amid profitability pressures.” Domestic annual refining capacity reached a historic milestone of 980 million

In January, supported by concurrently strengthening prices of styrene and butadiene feedstocks, ABS/PS producers maintained upward adjustments to their quotations, sustaining a price-hike trend. The

On January 16th, the benchmark price of PS in SunSirs was 7,866.67 RMB/ton, an increase of 4.19% compared to the beginning of this month (7,550.00

Macroeconomics 1. [Taxation] The Ministry of Finance and the State Taxation Administration announced that, effective April 1, 2026, the value-added tax (VAT) export rebate for photovoltaic

At the end of December, the domestic PS market was mainly weak and consolidated. Most spot prices of certain brands have limited fluctuations. According to

According to customs data, the total export volume of PS in China in November 2025 was 39,400 tons, an increase of 29.46% compared to the

Entering December, the PS market has entered a consolidation phase amid conflicting bullish and bearish forces. Most prices have stabilized, while some grades exhibit fluctuations,

In early December, the domestic PS market was mainly focused on consolidation and operation. Most spot prices of certain brands have limited fluctuations. According to

On December 4th, the benchmark price of PS in SunSirs was 7,500.00 RMB/ton, a decrease of 0.44% compared to the beginning of this month (7,533.33

On December 3rd, the benchmark price of PS in SunSirs was 7,500.00 RMB/ton, a decrease of 0.44% compared to the beginning of this month (7,533.33

According to China Plastics Online, the styrene market has recently been anything but calm. A sharp decline in port inventories directly ignited the market, while

On November 18th, the benchmark price of PS in SunSirs was 7,516.67 RMB/ton, unchanged from the beginning of this month. On November 18th, the benchmark price

According to Sina Finance, multiple factors including tariff policy disruptions, subsidy policies depleting future demand, and constrained consumer willingness and capacity have collectively resulted in

On November 13th, the benchmark price of PS in SunSirs was 7,483.33 RMB/ton, a decrease of 0.44% compared to the beginning of this month (7,516.67

On November 6th, the benchmark price of PS in SunSirs was 7,500.00 RMB/ton, a decrease of 0.22% compared to the beginning of this month (7,516.67