[ps daily review] market stable with minor fluctuations, some slightly lower sales

1 Today's Summary

Today, the East China GPPS fell by 20 to close at 7,780 yuan/ton.

②、 On Monday, the East China styrene market rose by 10 to close at 7,305 yuan/ton, South China remained stable at 7,365 yuan/ton, and Shandong fell by 55 to close at 7,145 yuan/ton.

2 Spot Overview

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

According to Longzhong Information, today's East China GPPS dropped by 20 to 7,780 yuan/ton.Recently, the raw material styrene has been fluctuating at low levels, and the market lacks directional guidance. Industry production has slightly recovered, but downstream demand shows no significant improvement. The market remains relatively stable with small fluctuations, and some are selling at slightly lower prices.

Figure 1: Domestic PS Price Trend Chart 2023-2025 (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 of PS Production Units in China (Unit: 10,000 tons/year)

4 Price Forecast

The raw material styrene is fluctuating at a low level, and the market direction is still unclear. Industry production has slightly recovered, downstream just-in-time procurement is average, and the short-term PS market may be weakly consolidated. It is expected that the East China market for transparent modified benzene will be around 7750-8600 yuan/ton.

5 Data Calendar

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