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【PS Daily Review】Styrene Rebounds and Fluctuates, Market Prices Stabilize

Longzhong 2025-04-02 17:49:03

1 Today's Summary

① Today, GPPS in East China stabilized at 8,400 yuan/ton, in line with morning expectations.

②、 On Wednesday, the styrene market in East China dropped by 65 to 8,050 yuan/ton, in South China it fell by 50 to 8,150 yuan/ton, and in Shandong it rose by 15 to 8,015 yuan/ton. 。

2 Spot Overview

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

Market	Specification	Today's Price	Gain or Loss Value	Price Change Percentage
Ningbo	East China GPPS - Green Anqing Peak	8400	0	0%
Yuyao	East China HIPS-Saibolon	9750	0	0%
Shantou	South China GPPS - Renxin	8120	0	0%
Shantou	South China HIPS - Starlight	9130	0	0%

According toLongzhong InformationToday, GPPS in East China stabilized at 8,400 yuan per ton.Upstream styrene saw a slight rebound before fluctuating, with the market mainly focusing on price support. However, supply remains at a high level, and the overall availability of goods in the market is ample. After recent replenishment, buyers are largely adopting a wait-and-see approach, resulting in transactions being less than yesterday. 。

Figure 1: 2023-2025 Domestic PS Price Trend Chart (RMB/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: Ten Thousand Tons/Year)

data	Annual production capacity	Latest Updates
Lü'an Qingfeng	12	3 Restart from the 1st of the month
Shandong Lanhua	10	3 Restart on April 4th
Guangxi Changke	10	3 Product out on the 15th
A certain device in Anqing	10	The market has heard that it will restart on March 18.
Huizhou installation	30	3 Starting from March 30th, parking for maintenance
Heze Yuhuang	10	3 Parking on the 31st of the month
Ningbo Installation	40	4 A short stop occurred at the beginning of the month.
Zhangzhou Installation	35	4 Starting from the beginning of the month, operations will be reduced to two lines.

4 Price Forecast

The frequent fluctuations in raw material styrene make the cost support uncertain. With supply running at high levels and demand falling short of expectations, there has been some improvement in low-price sales in the market, but it is difficult to push prices higher. In the short term, the PS market may narrow its range of adjustment. It is estimated that the East China market for modified styrene will be between 8,400 to 9,800 yuan per ton.

5 Data Calendar

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

Data	Release Date	Last period data	This issue's trend forecast
PS Capacity Utilization Rate	Thursday 2:00 PM	68.8%	↘
PS Enterprise inventory	Thursday at 4:00 PM	12.7	↘
Data Source: Longzhong Information Note: 1 **↓↑ are considered as significant fluctuations, highlighting data dimensions with changes exceeding 3%. 2 Consider narrow fluctuations, highlighting data with a price change within 0-3%.

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【PS Daily Review】Styrene Rebounds and Fluctuates, Market Prices Stabilize

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