SunSirs--China Commodity Data Group

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SunSirs: On February 13, PS Market Sold at a Low Price

February 14 2023 09:19:23     

On February 13, the crude oil rose sharply, and the short-term styrene rose and fell with insufficient space; Some PS petrochemical manufacturers may be reduced, and the recovery rate of demand is slow. In addition, the market supply is slow to digest, and merchants mainly ship goods at low prices. The mainstream price of GPPS in the East China market is 8800-10700 RMB/ton, and the mainstream price of HIPS is 9700-10900 RMB/ton. It is expected that the narrow range of the domestic PS market will be soft this week.

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