SunSirs: PS Market Atmosphere Light Price Down
October 25 2019 14:37:44 SunSirs (Eva)1.Price Trend
PS market atmosphere is light, offer generally fell. Traders mostly focus on the change of cost side, while the poor downstream demand is still the main factor hindering market transactions. Price: the main quotation of GPPS RMB is 9400-10900 yuan / ton, and that of hips is RMB 10500-11600 yuan / ton.
2.Cause analysis
PS Market: the ex-factory price of Zhanjiang Zhongmei PS is RMB 9550 yuan / ton. The ex factory price of CITIC Guoan PS is RMB 9150 yuan / ton. The trading atmosphere in the market was cold.
3.Future Market Forecast
PS market trend generally stable. There are not many inquiries and purchase intention from downstream factories. Due to the weak effective demand, the turnover is still limited. Poor demand drags the market to continue to explore, and it is expected that PS will continue to be stable, moderate and weak.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
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