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SunSirs: Styrene Decline Narrowed, and EPS Prices Was Weak
April 29 2022 09:50:04SunSirs(John)

Price trend

The domestic EPS price fell by 100 RMB/ton, the ex-factory price of common material was 10,800-10,900 RMB/ton, and the ex-factory price of resisting fuel was 11,800-11,800 RMB/ton.

Analysis review

Crude oil fluctuated to be weak, the decline of styrene narrowed, terminal maintained purchases on rigid demand, lack of willingness to stock up before the holiday, and the overall transaction was average.

Market outlook

It is expected that domestic EPS prices may be weak in the short term.

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8 Industries
Energy
Chemicals
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products

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