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SunSirs: EPS Demand Increases, Price Rises

September 16 2019 13:47:51     SunSirs (Eva)

1.Price Trend

The price of EPS is rising, and the market trend is generally rising steadily. Businessmen mostly ship goods according to their own conditions, and the enthusiasm of downstream enterprises to take orders has improved, but still mainly small single replenishment warehouse.

2.Cause analysis

EPS market quotation: EPS market price is stable as a whole, Wuxi Xingda EPS ex-factory price, common material quotation is RMB 10500/ton. The ex-factory price of Dongying Hairong EPS is RMB 10500/ton for common materials. Jiangyin Hupao EPS ex-factory price, common material quoted RMB 10500/ton.

3.Future Market Forecast

EPS is currently active in downstream transactions, but the enthusiasm for improvement in inventory is limited. Demand maintenance strategy is just needed. It is expected that in the near future, EPS will mainly focus on narrow-band consolidation.

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