According to the monitoring data of SunSirs, the average price of EPS ordinary materials at the beginning of last week was 10,500 RMB/ ton, and the average price of EPS ordinary materials at the end of last week was 10,500 RMB/ ton. The price was temporarily stable, up 31.05% compared with the same period of the year.
At present, the trend of domestic EPS market is weak. Weak crude oil depressed investor confidence, and the decline of pure benzene was relatively limited. Affected by the deep decline of 10 contracts, the spot correction of styrene accelerated. The cost support is weak, the terminal demand is weak, the production consumption is mainly inventory, the market replenishment intention is weak, and the overall transaction is poor.
As of August 19, Jiangsu ordinary materials were 9,900 RMB/ ton, a month on month decrease of 300 RMB/ ton, a decrease of 2.94%, and blocking fuel was 105,00 RMB/ ton, a month on month decrease of 300 RMB/ ton, a decrease of 2.78%. In terms of supply, some short-term shutdown devices may resume production recently, and the output is expected to increase slightly next week.
At present, the demand for home appliances is difficult to improve significantly. The demand for thermal insulation plates in Northeast China is OK, and the overall demand is general. It is expected that China EPS market or narrow market will be weak this week.
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