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Ps daily market review: Cost-Driven Strength Lifts PS Market Prices

Longzhong 2026-03-04 17:28:26

1 Today's Summary

① Today, GPPS in East China rose by 350 RMB/ton, closing at 8,700 RMB/ton.

Today, the styrene market in East China rose by 20 to 8,175 yuan/ton, in South China it rose by 50 to 8,275 yuan/ton, and in Shandong it rose by 105 to 8,115 yuan/ton.

2 Physical Market Overview

Longzhong Information Statistics, Today, GPPS in East China rose by 350 yuan to close at 8,700 yuan/ton. The impact of geopolitical situation continues, with styrene raw materials remaining strong, providing strong cost support. The supply and demand of industry resources are temporarily in a standoff, with trading prices remaining stable and continuing to rise. 。

Figure 1: Domestic PS Price Trend Chart (RMB/ton), 2024–2026	Figure 2: Domestic Styrene Price Trend from 2024 to 2026 (Yuan/Ton)

Data source: LSR News	Data source: Longzhong Information

3 Production Dynamics

Table 2 Latest Dynamics of PS Production Facilities in China (Unit: 10,000 tons/year)

Device Name	Annual capacity	Latest Updates
Zhangjiagang Plant	12	2 Parking closed from October 1st; restart in late February.
Zhenjiang Unit	52	2 Low-load operation on the 13th
Shantou facility	30	2 Parking holiday on the 14th
Quanzhou Facility	12	2 Low load on both lines on the 14th
Ningbo Facility	40	2 Resume to "3 passes, 1 modification" starting from the 28th

4 Price Forecast

Styrene feedstock is expected to remain firm, supported by strong cost fundamentals. Industry supply is recovering, but inventory pressure remains manageable. Downstream plants are gradually resuming operations, and the supply-demand balance is acceptable, supporting a short-term upward trend expectation for the PS market.

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Ps daily market review: Cost-Driven Strength Lifts PS Market Prices

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