Domestic Mainstream Market Partially Rises Amid Fluctuations
1 Today’s Summary
Today's GPPS in East China remained stable at 10450 yuan/ton.
Today Styrene East China market stable at 10150 yuan/ton, South China up 75 to 10250 yuan/ton, Shandong down 110 to 9850 yuan/ton 。
2 Spot Market Overview
Table 1 Domestic PS Price Summary (Unit: RMB/ton)
|
Market |
Specification |
Today's Price |
Rise and Fall Value |
Percentage Change |
|
Ningbo |
East China GPPS–Saibolong |
10450 |
0 |
0.00% |
|
Yuyao |
East China HIPS-Saibolong |
12200 |
0 |
0.00% |
|
Shantou |
South China GPPS-Renxin |
9100 |
80 |
0.89% |
|
Shantou |
South China HIPS-Xinghui |
10730 |
30 |
0.28% |
According to Longzhong Information Statistics Today, the domestic PS market remained stable with minor adjustments in some areas, mostly within a range of -100 to +100 RMB/ton. Market sentiment indicates that holders maintained prices for the time being; overall, buyers exercised caution and purchased on demand only, resulting in lackluster trading activity. Domestically, styrene prices edged up slightly, providing partial support to the market.
|
Figure 1 Domestic PS Price Trend from 2024 to 2026 (RMB/ton) |
Figure 2: Domestic Styrene Price Trend Chart (RMB/ton), 2024–2026 |
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|
Data source: Longzhong Information |
Data source: L&F Information System |
3 Production Dynamics
Table 2 Latest Developments of PS Production Facilities in China (Unit: 10,000 tons/year)
|
Device Name |
Annual production capacity |
Latest Updates |
|
Fujian Facility |
35 |
Reduce to line 1 on March 11th |
|
Lianyungang Facility |
40 |
From April 22-25, operations will be gradually halted, and on May 6, one toluene reforming line will be restarted. |
|
Guangdong certain equipment |
10 |
Parking maintenance will start from April 22nd |
|
A certain facility in Dalian |
15 |
Planned parking maintenance in early April |
|
Shantou Unit |
30 |
Reduce to line 1 on April 10th |
|
Huizhou Plant |
48 |
One additional line added on April 17. |
|
Anhui Facility |
10 |
April 17: Parking for maintenance |
4 Price Forecast
Recently, raw materials have been volatile, with overall short-term drivers lacking momentum.Industry supply is expected to see some reduction, but downstream buyers, driven by rigid demand, show low enthusiasm for taking delivery, making further inventory buildup possible in the coming period. 。 Short-term PS Market may be in a consolidation phase, Operating range or in 10000-11300 Yuan / Ton 。
5 Data Calendar
Table 3 Domestic PS Data Overview (Unit: 10,000 tons)
|
Data |
Release Date |
Previous data |
Trend Forecast for This Period |
|
PS Capacity Utilization |
Thursday 2:00 PM |
49.% |
↘ |
|
PS Corporate Inventory |
Thursday 16:00 PM |
8.4 |
↗ |
|
Data Source: Longzhong Information Note: 1. ↓↑ is considered as significant fluctuation, highlighting the data dimension of fluctuations exceeding 3%. 2. ↗↘ are considered narrow-range fluctuations, highlighting data with price changes within 0–3%. |
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