Downstream trading and investment improved, and PS price rose

I Price trend

 

Benzalkonium chloride

According to the monitoring data of the business club, the average price of PS ordinary materials at the beginning of this week was 11400 yuan / ton, and the average price of PS ordinary materials at the end of this week was 11500 yuan / ton, with a price increase of 0.88% and a year-on-year increase of 9.18%.

 

II quotations analysis

 

At present, Zhenjiang Qimei reported 10800 yuan / ton for pg33 and 11420 yuan / ton for ph88; Formosa chemical reported 10950 yuan / ton for 5250 and 11570 yuan / ton for 8250; Ningbo Taihua 535n reported 10420 yuan / ton, 8250 reported 11420 yuan / ton; Shanghai Secco 123p reported 10700 yuan / ton, Thailand Petrochemical 150 reported 11240 yuan / ton, 650 reported 11300 yuan / ton; Guangzhou Petrochemical reported 10680 yuan / ton for 525 and 10700 yuan / ton for 660.

 

Azodicarbonamide (AC foaming Agent)

Crude oil showed strong performance. However, styrene fell in a wide range at night, the downstream batch purchase intention was general, and the pressure on merchants to ship remained unabated. The mainstream price of GPPS (polyphenylene sulfide) in East China market was 11300-12300 yuan / ton, and the mainstream price of hips (polystyrene) was 11550-13000 yuan / ton. The market lacked the support of good news.

 

III Aftermarket forecast

 

At present, it is difficult for the downstream demand to recover significantly, but the government has successively issued relevant economic policies to stimulate consumption. It is expected that the short-term domestic PS (polystyrene) market may fall slightly.

http://www.lubonchem.com/

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