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[PS Weekly Outlook] Short-Term PS Market May Fluctuate Narrowly

Longzhong 2025-07-28 08:53:02

1. Focus Points

1 7/25: Although market concerns over U.S. tariffs have eased, some disappointing economic data have made traders cautious, leading to a decline in international oil prices. The NYMEX crude oil futures September contract closed at $65.16 per barrel, down $0.87, a decrease of 1.32% from the previous session; the ICE Brent crude oil futures September contract closed at $68.44 per barrel, down $0.74, a decrease of 1.07% from the previous session. China's INE crude oil futures main contract 2509 rose by 4.3 to 508.6 yuan per barrel, but dropped by 6.7 to 501.9 yuan per barrel in the night session.

Core Logic: Translate the above content into English, output the translation directly, and do not provide any explanation. The raw material styrene fluctuates within a narrow range, and the cost direction is temporarily unclear.

2. Price List Form

Product

Region

7-24

7-25

Rise and Fall

Brent

--

69.18

68.44

-0.74

Styrene

Jiangsu

7450

7540

90

Styrene

Guangdong

7520

7595

75

PS

East China

7850

7900

50

Remarks:

1 Brent in USD/barrel, styrene and PS in RMB, unit: CNY/ton.

2 Select Green Anqing Peak 525 with PS.

3 The above RMB prices are all tax-inclusive.

4 The rise and fall are month-on-month changes.

3. Market Outlook

The raw material styrene is experiencing narrow fluctuations, and the cost direction is temporarily unclear. Industry production is slightly recovering from low levels, and downstream just-in-time procurement is happening. In the short term, the PS market may fluctuate within a narrow range. It is expected that the East China market for general-purpose polystyrene will be around 7800-8700 RMB/ton.

4. Data Calendar

Data Project

Publication Date

Previous Data

The trend for this period is expected

PS Capacity utilization rate

Thursday 4:00 PM

51.6%

PS Profit

Thursday 4:00 PM

-21

1 Consider a significant fluctuation as an increase or decrease exceeding 3% and highlight these data dimensions.

2 Considered as narrow fluctuations, highlighting data with a rise or fall within the range of 0-3%.

 

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