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PS Market quotations fell The trading atmosphere in the spot market is not good

 Last Update: 2022-12-06
 Source: Internet
 Author: User

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PS market quotes are lower
this week.
The upstream styrene is good, the price is falling, the downstream demand is weak, and the market is weak.

PS Market

In the upstream market, the styrene market plummeted
this week.
The cost support is weak, the risk aversion of the industry is heating up, and some PS ex-factory prices have been reduced, but the reduction is limited
.
On Friday, ordinary benzene was reported at 10,350 yuan / ton, down 200 yuan / ton from the price of 10,550 yuan / ton
on Friday.
However, the downstream demand is general, and on-demand procurement is the mainstay
.

Device dynamics: Guangzhou Petrochemical PS plant runs through and one change, with a load of 5-6 percent and a small
amount of allocated resources.
The Zhanjiang new Sino-US PS plant has been in operation
since June 1.
Ningbo Taihua PS unit has been stopped due to a fault around June 30, and benzene has been restarted on July 3, and benzene has been restarted since July 23
.

The raw materials in the future market are weak, lack of support for the PS market or weak operation, fluctuating at 50-100 yuan / ton, it is recommended that traders continue to pay attention to the future market of the PS market
.

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