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【PS Daily Review】Down 50-100! Factory price adjustment leads to price reduction in PS market.
Longzhong 2025-03-25 16:51:39

1To fulfill your request here's the translation of the provided Japanese text into English, directly output without any additional information: Daily Digest Translate the content above into English directly as follows: Daily Digest

① Today,华东GPPS fell by 50 to close at 8,450 yuan/ton, in line with the morning expectation.

②、Shanghai Phenylketonuria (Phenylketonuria) market fell 55 yuan per ton, Guangzhou fell 60 yuan per ton, Shandong rose 25 yuan per ton.

2Spot Overview

According to the statistics, the east China GPPS today dropped 50 points to close at 8450 yuan/ton. Upstream ethylene is trading low, with cost support somewhat easing, while market active purchases for just-needed inventory have slightly improved. However, the industry's supply is under considerable pressure, and with factory prices being guided down, the main trend in the market is for sellers to offer discounted prices.

3Production Dynamics

中国最新动态表: - 成品销售增长为 25% - production和Sales达到接近相反增长趋势(增至6%) - 设备输出和配器设备耗用额有显著的提高(达13%) [图为 China’s Current Machine Performance Information, Production Sales(Wanzhui( Unit: Mt/t )][link:Wanzhui.html]]

4price prediction

Following the stabilization of raw material styrene, the negative impact from cost factors has eased. However, considering high supply and pressure to sell, as well as weaker-than-expected demand, the short-term PS market may focus on low-price sales, resulting in a generally weak price trend. It is estimated that the price of general-purpose PS in the East China market will be 8400-10300 yuan/ton.

5Data Calendar

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