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SunSirs: PS Prices Remained Stable In General And Declined In Part
November 05 2019 14:01:57SunSirs(Eva)

1.Price Trend

PS market quotation remained stable on the whole and declined in some parts. The purchase mode of terminal on demand remains unchanged, the dull situation has not changed significantly, the trading atmosphere in the market is still relatively light, and the actual transaction performance is average. Price: the main quotation of GPPS is RMB 9400-10900 yuan / ton, and that of hips is RMB 10400-11600 yuan / ton.

2.Cause analysis

PS Market: the ex factory price of Zhanjiang Zhongmei PS, 525, is RMB 9450 yuan / ton. The ex factory price of CITIC Guoan PS, 525, is RMB 9080 yuan / ton. The trading atmosphere in the market was cold.

3.Future Market Forecast

The overall atmosphere of PS market is flat. Petrochemical offers are mostly stable, most businesses operate in a step-by-step manner, flexible trading. At the same time, the downstream demand remains flat and the actual transaction is limited. It is expected that PS market will be stable in general and move slightly in some parts.

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