Commodity News
SunSirs: Styrene Goes Down, China EPS Market Takes a Wait-and-see Attitude
December 11 2020 13:18:23 SunSirs (Selena)
The domestic EPS market is stable, with individual price rising. Jiangsu common materials are 9,500-9,700 RMB/ ton, and blocking fuel is 9,800-10,000 RMB/ ton. After styrene rises, it falls back, and the EPS market transaction shrinks. The wait-and-see atmosphere of downstream businesses is obvious, and the overall market transaction is weak.
In terms of ex-factory: the ex-factory price of Zhongshan delta EPS increased, the acceptance delivery price of common materials was 10,300 RMB/ ton, and the acceptance delivery price of fuel was 10,600 RMB/ ton.
It is expected that the short-term China domestic EPS price will be weak.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-01-22 SunSirs: China EPS Price Trends and Forecasts for 2023 and 2024
- 2024-01-02 SunSirs: China EPS Prices Fell first and then Rose in December 2023
- 2023-12-01 SunSirs: Poor Cost Support, China EPS Price Drops
- 2023-07-24 SunSirs: Cost Support, Overall Increase in China EPS Prices
- 2023-04-28 SunSirs: The Market Atmosphere Warmed Up, and the Overall EPS Price Slightly Increased
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