SunSirs: China EPS Market Atmosphere is Active, Inquiries Increase
January 12 2021 10:31:45 SunSirs (Selena)
Last week, China EPS market improved, the cost support was obvious, some of the EPS was good, the circulation speed of market sources was accelerated, some terminals replenished goods moderately, but overdrawn some future demand. As of January 7, Jiangsu Jianlong's ordinary material was 8,100 RMB/ ton, which was stable compared with December 31, and resistance fuel was 8,400 RMB/ ton, which was stable compared with December 31.
Ex-factory: Zhongshan Taida EPS ex-factory price was stable, material acceptance price was 8,600 RMB/ ton, fuel acceptance price was 8,900 RMB/ ton, firm offer negotiation. On the demand side, the plate demand in Northeast and Northwest China has basically ended, Shandong, North China and some parts of central China still have a small part of plate demand, and the overall packaging demand in East China, South China and southwest China has weakened. It is expected that China EPS market demand will remain weak next week.
China EPS market is expected to be slightly weaker this week.
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