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SunSirs: Enquiries Increasing, China EPS prices are Firm
September 26 2023 09:55:45SunSirs(Selena)

According to monitoring data from SunSirs, the average quotation for EPS ordinary materials at the beginning of the week was 10,300 RMB/ton, and the average price for EPS ordinary materials at the weekend was 10,350 RMB/ton, with a price increase of 0.49% and a decrease of 8.41% compared to the same period last year.

Styrene is weak and volatile, with moderate demand in the EPS market and an increase in inquiries. Overall, there is no volume of transactions. Jiangsu ordinary materials are priced at 10,400-10,500 RMB/ton, while fuel resistance is priced at 10,800-11,000 RMB/ton.

Upstream support has weakened, with a focus on market transactions. Terminal profits are thin, and buying follow-up is limited. Overall, the transaction is average, with a strong wait-and-see atmosphere on the market. Buying is mainly on demand, and the price of ordinary EPS materials in South China is at 10,650 RMB/ton. (excluding taxes)

Enquiries in the EPS market have increased, and it is expected that the domestic EPS market will mainly exhibit a narrow range of fluctuations.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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