[Ps Daily Review] Domestic Mainstream Market Edges Lower
1 Today's Summary
① Today, the East China GPPS price fell by RMB 100/ton to RMB 10,400/ton.
②. Today Styrene The East China market dropped by 190 to close at 9,530 RMB/ton, South China fell by 180 to close at 9,670 RMB/ton, and Shandong declined by 105 to close at 9,485 RMB/ton. 。
2 Spot Market Overview
Table 1 Domestic PS Price Summary (Unit: RMB/ton)
|
Market |
Specifications |
Today's Price |
Change value |
Price change percentage |
|
Ningbo |
East China GPPS - Saibolong |
10400 |
-100 |
-0.95% |
|
Yuyao |
East China HIPS-Saibolong |
12000 |
-100 |
-0.83% |
|
Shantou |
South China GPPS - Renxin |
9360 |
-120 |
-1.27% |
|
Shantou |
South China HIPS-Xinghui |
10590 |
-50 |
-0.47% |
According to Longzu Information Statistics, Today, the domestic PS market remained stable with slight adjustments in some areas. Watch the news within the day Quotation prices declined by RMB 50–200 per ton; some suppliers offered discounts; buyers remained cautious and (wait-and-see); negotiations were conducted at lower levels and on an as-needed basis; trading activity was muted.
|
Figure 1: Domestic PS Price Trend Chart (CNY/ton), 2024–2026 |
Figure 2 Domestic Styrene Price Trend from 2024 to 2026 (RMB/ton) |
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|
Data source: Longzhong Information |
Data Source: Longzhong Information |
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 |
|
Shantou Facility |
30 |
4 Reduced to one line on April 10; fully suspended starting April 27. |
|
Huizhou Plant |
48 |
4 Add 1 line on the 17th |
|
Anhui Plant |
10 |
4 Parking and maintenance on the 17th |
|
Zhanjiang Plant |
10 |
4 Parking maintenance will start from the 22nd of the month. |
|
Lv'an Qingfeng |
12 |
4 Parking maintenance will start from the 30th of the month. |
|
Zhejiang certain equipment |
40 |
4 Reduce to 2 lines by the end of the month |
|
Lianyungang Plant |
40 |
5 June 6: Open 1, Modify |
|
Anhui Plant |
12 |
5 April 4 restart |
|
Dalian Plant |
15 |
5 Restart Line 1 at the beginning of the month |
4 , Price Prediction
Raw material price decline, impact is bearish. RecentlyIndustry supply is expected to increase slightly, while downstream demand-driven procurement remains stable, resulting in a minor fluctuation and in supply-demand dynamics. 。 short term PS The market experienced slight fluctuations with weak performance. Operating section or within 10100-11400 Yuan / ton 。
5 Data Calendar
Table 3: Domestic PS Data Summary (Unit: 10,000 tons)
|
Data |
Release Date |
Previous Period Data |
|
|
PS Capacity utilization |
Thursday 2:00 PM |
46.8% |
↗ |
|
PS Enterprise Inventory |
Thursday 4:00 PM |
8.6 |
↘ |
|
Data source: Longzhong Information Note: 1. ↓↑ is considered as significant fluctuation, highlighting the data dimension of fluctuations exceeding 3%. 2. ↗↘ is considered as a narrow fluctuation, highlighting data with a fluctuation range of 0-3%. |
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