On February 21, some petrochemical manufacturers quoted lower prices. At present, there is sufficient cash circulation, and the downstream demand recovery is less than expected, and the business confidence is insufficient. However, styrene is strong, and it is expected that the short-term domestic PS (polystyrene) market will rise slightly. The mainstream price of GPPS (polyphenylene sulfide) in the East China market is 8850-10600 RMB/ton, and the mainstream price of HIPS (polystyrene) is 9700-10650 RMB/ton.
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