Commodity News
SunSirs: China Domestic PS Market Analysis on August 19
August 21 2020 08:25:22 SunSirs (Selena)
Price: the mainstream quotation of GPPS is 7,650-8,900 RMB/ ton, and that of hips is 8700-9700 RMB/ ton.
Market analysis
The market trend is light and the price is stable temporarily. The downstream continues to purchase on demand, and the overall trading performance of the market is poor.
Market forecast
PS market runs smoothly, the demand of downstream buyers is not high, in the case of low shipment, adhere to short-term cautious operation. On the other hand, due to some petrochemical factory offers continue to decline, the spot market support is insufficient. It is expected that the PS market will continue to adjust downward.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-12-24 SunSirs: China PS Maeker Is Weak and Volatile at the End of December 2025
- 2025-12-23 SunSirs: Analysis of PS and EPS Import and Export Data in November 2025
- 2025-12-18 SunSirs: PS: Seeking Breakout Amid Narrow Range Consolidation
- 2025-12-10 SunSirs: Cost Value Repair, China PS Narrowly Increased in Early December
- 2025-12-04 SunSirs: The Benchmark Prices for PS and PMMA Markets Are Falling and Stable in China on December 4
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