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[PS Daily Review] Raw Materials Weaken Narrowly, Market Lowers Prices to Boost Sales

Longzhong 2025-08-01 16:59:33

1 Today's Summary

Today, the East China GPPS closed steadily at 7,830 yuan/ton.

②、 On Friday, the East China market for styrene fell by 25 to 7,350 yuan/ton, South China fell by 20 to 7,415 yuan/ton, and Shandong fell by 15 to 7,190 yuan/ton.

2 Spot Overview

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

market	Specifications	Today's Price	Change in Value	Change Rate
Ningbo	East China GPPS - Green Anqing Peak	7830	0	0%
Yuyao	East China HIPS-CyberLong	8680	-20	-0.23%
Shantou	South China GPPS - Renxin	7550	-30	-0.4%
Shantou	South China HIPS-Starlight	8470	0	0%

According to Longzhong Information, East China's GPPS remained stable at 7,830 yuan/ton today.The upstream styrene market shows a weak trend with moderate cost support. Industry supply has slightly recovered, while downstream demand remains sluggish. Market transactions are average, with price reductions mainly used to drive sales.

Figure 1: Domestic PS Price Trend Chart for 2023-2025 (Yuan/Ton)	Figure 2 Domestic Styrene Price Trend Chart for 2023-2025 (Yuan/ton)

Source of data: Longzhong Information	Data Source: Longzhong Information

3 Production Updates

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

Data	Annual production capacity	Latest Updates
Lianyungang Petrochemical	40	6 Parking for maintenance on the 25th of the month. The maintenance is expected to take about 20-25 days.
Anhui Device	12	6 Parking and maintenance on the 27th of the month
Guangxi Device	10	6 End-of-month parking maintenance
Huizhou Device	30	7 Increased to 3 lines on the 8th of the month
Shantou Facility	30	7 Line 1 will be reduced from April 4th, and will be stopped for maintenance on July 8th.
Lianyungang Petrochemical	40	7 Around the 20th of the month, the restart will gradually begin.
Zhanjiang Unit	10	7 Line 1 will be reduced to operation from June 20 and will resume on July 28.

4 Price Forecasting

The raw material styrene is fluctuating at a low level, providing moderate cost support. The industry's production is slightly recovering from a low level, and there is just-in-need procurement from downstream. In the short term, the PS market may consolidate weakly. It is expected that the East China market for transparent modified benzene will be around 7,800-8,700 RMB/ton.

5 Data Calendar

Table 3 Overview of Domestic PS Data (Unit: Ten Thousand Tons)

Data	Release Date	Previous period data	Current Trend Forecast
PS Capacity Utilization Rate	Thursday 2:00 PM	53.3%	↗
PS Enterprise Inventory	Thursday 4:00 PM	8.4	↘
Data Source: Longzhong Information Remarks: 1 Treat "", "↓", and "↑" as significant fluctuations, highlighting data dimensions where the price change exceeds 3%. 2 Consider ↗↘ as narrow fluctuations, highlighting data with price changes within 0-3%.

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[PS Daily Review] Raw Materials Weaken Narrowly, Market Lowers Prices to Boost Sales

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