1、 Price trend
According to the monitoring data of the business community, the average price of EPS ordinary material was 11250 yuan / ton at the beginning of this week, and 11150 yuan / ton at the weekend, with a price drop of 0.89% and an increase of 40.03% compared with the same period last year.
2、 Market analysis
Styrene softened slightly, EPS market returned to flat after continuous volume increase, business wait-and-see atmosphere warmed up, overall transaction weakened significantly. The inventory of styrene terminal factory is low, and the merchants enter the market continuously for replenishment. Most EPS factories have a large turnover. However, with the completion of periodic replenishment by the merchants after the middle of the week, the inquiry atmosphere of the merchants weakens and the market returns to be flat.
As of June 3, Jiangsu’s ordinary materials were 11000 yuan / ton, down 200 yuan / ton, or 1.79% on a month on month basis, and its fuel was 11500 yuan / ton, down 200 yuan / ton, or 1.71% on a month on month basis. The main port of East China is expected to have accumulated inventory. In addition, some downstream demand may weaken, and new and overhauled units will soon be in normal production. Under the pressure of increased supply, styrene is expected to be slightly weak next week.
3、 Future forecast
At present, some areas are facing the impact of wheat harvest and power rationing, and the overall construction of the downstream is expected to weaken. It is expected that the market demand will weaken slightly next week, and the EPS market price will weaken slightly.
| Thiourea |