Home > Information > News

[PS Daily Review] Cost Support Is Moderate, Market Mainly Stable Amid Weakness

Longzhong 2025-09-09 17:42:15

1 Today's Summary

Today, the GPPS price in East China remains steady at 7,600 yuan per ton.

② On Tuesday, styrene prices in the East China market fell by 20 to close at 7,095 yuan/ton, in the South China market fell by 25 to close at 7,155 yuan/ton, and in Shandong remained stable at 6,910 yuan/ton.

2 Spot Overview

Table 1 Summary of Domestic PS Prices (Unit: RMB/ton)

According to Longzhong Information, East China GPPS was steadily quoted at 7,600 yuan/ton today.The raw material styrene rebounded and then fluctuated. Due to a lack of further positive news, some grades saw a slight price reduction with increased shipment activity. Industry production has somewhat recovered, downstream inquiry sentiment is average, and purchases are mainly driven by rigid demand.

Figure 1 Domestic PS Price Trend Chart from 2023 to 2025 (CNY/ton)	Figure 2 Domestic Styrene Price Trend Chart (Yuan/Ton), 2023-2025

Data source: Longzhong Information	Data Source: Longzhong Information

3 Production Trends

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

Data	Annual production capacity	Latest Updates
Shantou Device	30	8 Double-track operation will begin on the 10th of the month.
Zhanjiang Plant	10	8 Reduced to single-line operation on July 15; restored to double-line operation on August 22.
Zhoushan Facility	40	8 From the 15th of the month, increase to 2 with 1 change.
Foshan Device	20	8 The operation will be increased to dual-line operation on the 22nd of the month.
Xinpu Chemical	17	8 Increased to double line on the 27th
Huizhou Plant	48	9 From the 1st of the month, increase to 3 via 1 with route change.

4 Price Prediction

The price of raw material styrene has fluctuated after rising, and the cost direction is unclear. With the industry's production recovering and downstream low-level just-needed procurement, the short-term PS market may consolidate within a narrow range. It is expected that the price of GPPS in the East China market will be around 7,600-8,500 yuan/ton.

5 , Data Calendar

Table 3 Overview of Domestic PS Data (Unit: 10,000 tons)

Data	Release Date	Previous period data	The trend for this period is expected to
PS Capacity Utilization Rate	Thursday 2:00 PM	61%	↗
PS Enterprise Inventory	Thursday 4:00 PM	8.9	↘
Source of data: Longzhong Information Remarks: 1 "↓↑ are considered significant fluctuations, highlighting data dimensions with price changes exceeding 3%." 2 Consider ↗↘ as narrow fluctuations, highlighting data with price changes within 0-3%.

【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.

[PS Daily Review] Cost Support Is Moderate, Market Mainly Stable Amid Weakness

Most Popular