【PS Daily Review】Styrene Slightly Stronger in Volatility, Market Halts Decline and Rises
1 Today's Summary
Today, GPPS in East China rose by 50 to close at 8400 yuan/ton, in line with the morning's expectations.
②、 On Tuesday, the East China styrene market rose by 90 to close at 8,115 yuan/ton, the South China market increased by 65 to 8,200 yuan/ton, and Shandong rose by 65 to 8,000 yuan/ton. 。
2 Spot overview
Table 1: Summary of Domestic PS Prices (Unit: CNY/ton)
Market |
Specifications |
Today's Price |
Rise/Fall Value |
Change Range |
Ningbo |
East China GPPS - Green An Qingfeng |
8400 |
50 |
0.6% |
Yuyao |
East China HIPS-Sailbon |
9750 |
50 |
0.52% |
Shantou |
South China GPPS-Renxin |
8120 |
-30 |
-0.37% |
Shantou |
South China HIPS - Xinghui |
9130 |
0 |
0% |
According to Longzhong InformationStatistics: Today, GPPS in East China increased by 50, closing at 8400 yuan/ton.Upstream styrene showed a slightly stronger fluctuation, with some standard-grade materials opting for modest price increases after low-priced sales. However, overall market supply remains ample, and premium-grade materials experienced minor adjustments. 。
Figure 1 Domestic PS Price Trend Chart (2023-2025) (RMB/ton) |
Figure 2: Domestic Styrene Price Trend Chart for 2023-2025 (Yuan/Ton) |
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Data source: Longzhong Information |
Data source: Longzhong Information |
3 Production dynamics
Table 2 Latest Updates on PS Production Facilities in China (Unit: 10,000 tons/year)
Data |
Annual production capacity |
Latest Updates |
Green Anqing Peak |
12 |
3 Restart from the 1st of the month |
Shandong Lanhua |
10 |
3 Restart on the 4th |
Guangxi Changke |
10 |
3 Product released on the 15th of the month. |
Anqing certain device |
10 |
The market has heard that it will restart on March 18th. |
Huizhou Facility |
30 |
3 Starting from the 30th of the month, parking will be under maintenance. |
Heze Yuhuang |
10 |
3 Parking on the 31st of the month |
Ningbo Device |
40 |
4 A line was briefly shut down at the beginning of the month. |
Zhangzhou Installation |
35 |
4 Starting from the beginning of the month, reduce to dual-line operation. |
4 Price Prediction
The raw material styrene fluctuated and rose, with cost support strengthening. However, supply remains high, demand falls short of expectations, and low-price shipments have improved in the short term.PS Market Priceor slightly raise prices. The expected price for transparent modified benzene in the East China market is 8400-9800 yuan/ton.
5 Data Calendar
Table 3 Overview of Domestic PS Data (Unit: Million Tons)
Data |
Release date |
Last period data |
Current Trend Forecast |
PS Capacity utilization rate |
Thursday at 2:00 PM |
68.8% |
↘ |
PS Enterprise Inventory |
Thursday 4:00 PM |
12.7 |
↘ |
Source of data: Longzhong Information Note: 1 Consider ↑↓ as significant fluctuations, highlighting data dimensions with price changes exceeding 3%. 2 Considered as narrow fluctuations, highlighting the data with a rise or fall within 0-3%. |
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