Styrene is currently weak fundamentally, in the pattern of tired storage, their own contradictions are not big, the price also followed the pure benzene back down. The current contradiction point in the styrene downstream hard rubber, downstream three big S in styrene prices back after the profits and start-ups have been a good repair, and even some of the new devices are gradually put into operation, but the degree of sustained downstream demand is still in doubt, although the profit is given, but this part of the profit is due to the cost of falling out, their own demand situation is still not optimistic, we can also see that the three big S prices Even in the fall. We also understand that the terminal consumption situation is not particularly good, in previous years, the peak season of the golden ninth and silver tenth may appear in this year, the phenomenon of the peak season is not prosperous. Follow-up specific performance to observe the current sustained downstream situation, the short-term may have rebounded, but maintain the high layout of the short list of ideas unchanged.
ABS: weak finishing

Boosted by the upstream styrene futures and spot prices, East China market part of the withdrawal of low-priced offers, but the buy orders to follow up cautiously, the market is weak, some sources are still implementing bargaining negotiations. South China market prices continue to soften, the field just need to negotiate mainly, business confidence is not enough. It is expected that the short term ABS market will continue the weak finishing trend, watching the upstream styrene and other market fluctuations.
PS: narrow finishing

The raw material styrene strong rebound, the phase boosted the industry’s price positivity, PS holders part of the offer to follow up, buyers just need to follow up, especially the ordinary benzene market rose slightly. It is expected that the short term domestic PS market narrow finishing, pay attention to the further trend of raw materials market guidance.

EPS: part of the rise

The domestic EPS market partly rose, styrene fluctuations rose, EPS inquiry atmosphere has improved, factory prices rose, market transactions picked up slightly, but the downstream only need to purchase, business mentality slightly tangled, mainly the actual negotiations. It is expected that the EPS market may rebound slightly recently, later to pay attention to the price trend of upstream styrene.

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