[PS Daily Review] Market Price Cuts Lead to Lackluster Sales

1 Today's Summary

Today, the price of GPPS in East China fell by 30 to 7,500 RMB/ton.

② 、 On Monday, the East China styrene market fell by 60 to close at 6970 yuan/ton, South China fell by 85 to close at 7025 yuan/ton, and Shandong fell by 70 to close at 6755 yuan/ton.

2 Spot Overview

Table 1 Domestic PS Price Summary (Unit: Yuan/Ton)

According to Longzhong Information, today's East China GPPS fell by 30 to 7,500 yuan/ton.Raw material styrene continues to decline, with insufficient cost support, leading to further price reductions in the market. The industry's high production levels have resulted in relatively ample supply, and downstream market participants are cautious, resulting in average transaction activity.

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

3 Production dynamics

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

4 Price Forecast

The raw material styrene continues to decline, weakening cost orientation. The industry supply is relatively loose, and downstream low-level demand-based procurement persists. In the short term, the PS market may undergo weak adjustments. It is expected that the East China market for transparent modified styrene will be around 7450-8400 yuan/ton.

5 Data Calendar

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