1、 Price trend
According to the monitoring data of the business community, the average price of EPS ordinary material at the beginning of this week was 11250 yuan / ton, while the average price of EPS ordinary material at the weekend was 10775 yuan / ton, down 4.22% and up 33.02% compared with the same period of this year.
2、 Market analysis
The strong rise of pure benzene led to the rebound of styrene, and the cost support improved. Some businesses replenished goods moderately, but the terminal demand was poor. The overall transaction turned better, but not as good as last week. As of July 1, Jiangsu’s common material was 10600 yuan / ton, up 100 yuan / ton, or 0.95% on a month on month basis, and its fuel was 11100 yuan / ton, up 100 yuan / ton, or 0.91% on a month on month basis.
On the cost side, pure benzene supports the price of styrene, but the domestic supply of styrene may increase. In addition, the demand for downstream hard rubber is difficult to recover significantly. On the supply side, most of the EPS units will be shut down in the early stage or resume work in early July, and the output is expected to increase slightly next week.
3、 Future forecast
At present, the demand for home appliances is weak, and it may be difficult for the downstream packaging industry to recover significantly. It is expected that the EPS market will weaken slightly next week.
| Thiourea |