[ps daily review] market low position selling, transactions average

1 Today's Summary

Today, the East China GPPS dropped by 20 to close at 7,330 yuan/ton.

② 、 On Monday, the East China market for styrene fell by 35 to close at 6,915 yuan/ton, South China fell by 45 to close at 6,960 yuan/ton, and Shandong fell by 40 to close at 6,695 yuan/ton.

2 Spot Overview

According to According to Longzhong Information, today's GPPS in East China fell by 20 to 7,330 yuan/ton.The raw material styrene is fluctuating, with the cost focus still relatively low. The market continues to see price reductions for selling. Due to high production in the industry, the supply of goods is relatively abundant. Buyers have already stocked up to some extent, and current purchasing intentions are not high, with average transaction levels.

Figure 1: Domestic PS Price Trend Chart from 2023 to 2025 (Yuan/Ton)	Figure 2: Domestic Styrene Price Trend Chart from 2023 to 2025 (Yuan/Ton)
Data Source: Longzhong Information	Data source: Longzhong Information

3 Production Dynamics

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

4 Price prediction

The raw material styrene is fluctuating and consolidating, but the cost remains relatively low. The industry supply is relatively loose, and as the National Day holiday approaches, downstream purchasing slows down. In the short term, the PS market may undergo weak consolidation. It is expected that the price of transparent and modified polystyrene in the East China market will be around 7,300-8,400 yuan/ton.

5 Data Calendar

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