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SunSirs: EPS Market is Bearish in the Future
February 14 2023 13:47:25()

Latest EPS price (February 13): 9725 RMB/ton

Key points of analysis: the price on the 13th was 5.12% lower than that on the previous working day. Upstream styrene rose slightly, but terminal demand gradually recovered, but the overall pace was slow. Most merchants just needed to buy it. The market price of EPS common materials in South China was around 9500-9800 RMB/ton (tax included).

Aftermarket forecast: the recovery rate of the demand side is slow, coupled with the slow digestion of the market supply, the domestic EPS market is expected to be weak this week.

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