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SunSirs: EPS Market Fell In Some Shocks

November 05 2019 14:21:54     SunSirs (Eva)

1.Price Trend

EPS market has not changed much, and the quotation is down in some shocks. Due to the lack of current guidance information, the on-site wait-and-see mood is still in the mainstream, and traders continue to live with goods. The actual follow-up strength of downstream factories is general, and they basically purchase on demand to meet normal production.

2.Cause analysis

EPS market situation: EPS market price fell, Wuxi Xingda EPS factory price, the quotation of common materials is RMB 9400 yuan / ton. The ex factory price of Dongying Hairong EPS is RMB 9300 yuan / ton for common materials. The ex factory price of Jiangyin Hupao EPS is RMB 9400 yuan / ton for common materials.

3.Future Market Forecast

EPS weak operation pressure, the spot market wait-and-see mood is obvious, and the enthusiasm of the downstream market has always been low, in the short term, it is difficult for the market to change. It is also unlikely that the market will fall sharply. It is expected that EPS market will continue the trend of weak consolidation.

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