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[PS Daily Review] Weakened Cost Support, Market Focuses on Price Reduction and Sales

Longzhong 2025-08-27 17:06:34

1 Today's Summary

Today, the price of GPPS in East China dropped by 50 to 7,700 RMB/ton.

② On Wednesday, the East China styrene market fell by 85 to close at 7,240 yuan/ton, South China fell by 60 to close at 7,320 yuan/ton, and Shandong fell by 70 to close at 7,175 yuan/ton.

2 Spot Overview

According to Longzhong Information, today's East China GPPS dropped by 50 to 7,700 yuan/ton.The decline in raw material styrene affects cost support, leading merchants to slightly lower prices to sell. Industry supply is increasing, downstream purchasing intentions are sluggish, and transaction situations are not ideal.

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

Data	Annual production capacity	Latest News
Lianyungang Petrochemical	40	7 Expected to gradually restart around the 20th of the month.
Shantou Device	30	8 The operation will be increased to double-track on the 10th of the month.
Huizhou Unit	48	8 Increased to 3 lines of operation on the 12th of the month (including 1 line in phase 3).
Xinpu Chemical	17	8 Passed products were produced on the 19th, currently running on line 1.
Zhanjiang Installation	10	8 Reduced to single-line operation on the 15th of the month; restored to double-line on August 22nd.
Zhoushan Device	40	8 Increased to 2 through 1 change on the 15th of the month.
Foshan Device	20	8 Double-track operation will begin on the 22nd of this month.

4 Price Prediction

The price of raw material styrene continues to decline, weakening cost support. Industry production is recovering, and downstream purchasing enthusiasm is decreasing. In the short term, the PS market may continue to focus on selling at lower prices. It is estimated that the price of transparent and modified polystyrene in the East China market will be around 7,650-8,600 yuan/ton.

5 Data Calendar

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

Data	Publication Date	Previous data	The trend for this period is expected
PS Capacity utilization rate	Thursday 2:00 PM	57.5%	↗
PS Enterprise Inventory	Thursday 4:00 PM	8.6	↘
Data Source: Longzhong Information Remarks: 1 Consider large fluctuations as up or down movements, highlighting data dimensions with a change exceeding 3%. 2 Considered as narrow fluctuations, highlighting data with changes within 0-3%.

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[PS Daily Review] Weakened Cost Support, Market Focuses on Price Reduction and Sales

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