SunSirs: April 3 PS Market Analysis
April 08 2020 13:13:39 SunSirs (Daisy)
Price: The main price of GPPS is 7100-8800 RMB/ton, and the main price of HIPS is 8300-10200 RMB/ton.
PS market performance is light, with part of the price down. Downstream at present continues to purchase on demand, and the market overall trading performance is poor. Business looks bearish about the market, and the actual operation more stable with down.
Market Forecast: PS market operation is generally stable, and the demand of downstream buyers is not high. In the case of low shipments, it is important to adhere to short-term prudent operation. On the other hand, due to some petrochemical factory offers continue to decline, the spot market is insufficient support. PS market is expected to still have a downward trend.
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