1、 Price trend

According to the monitoring data of the business community, the average price of EPS common material was 10950 yuan / ton on March 15 at the beginning of this week, and 10650 yuan / ton on March 19 at the end of this week, up 17.51% compared with the same period last year.

2、 Market analysis

As of March 18, styrene spot in Jiangsu was about 8650 yuan / ton, down 555 yuan / ton or 6.03% compared with the closing price of 9205 yuan / ton on March 11. EPS market shipment is flat, downstream purchasing is mainly just need, some businesses wait and see carefully, waiting for the opportunity to fill the position.

The ex factory price of EPS fell sharply, and the inventory pressure of most EPS factories was obvious. As of March 18, Jiangyin Jianlong’s ordinary material was 10400 yuan / ton, down 500 yuan / ton, down 4.59% on a month on month basis, and fuel was 10700 yuan / ton, down 500 yuan / ton, down 4.46% on a month on month basis.

3、 Future forecast

At present, the demand for packaging and sheet materials is increasing slowly, and the cost pressure is obvious. It is expected that the EPS market will be weak in the next week.