The raw materials are raised first and then restrained, and the PS is generally stable

1、 Price trend

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According to the monitoring data of business society, the average price of PS ordinary materials at the beginning of this week was 10966 yuan / ton, and the average price of PS ordinary materials at the weekend was 10966 yuan / ton. The price was stable, up 37.08% compared with the same period of the year.

2、 Market analysis

The domestic PS market is stable and small, affected by the low start-up of PS, the supply of goods in the market is tight, the shipping pressure of merchants is small, and the local low delivery at the beginning of the week improved slightly. However, due to the impact of the sharp decline of crude oil and the decline after the rise of styrene on Tuesday, the market risk appetite tightened again, and the profit giving shipments of merchants increased, but the overall fluctuation range was small.

Affected by the restart of Huizhou Renxin PS unit and yaside modified benzene unit, the PS operating rate increased to 71.17%. The shipment of modified benzene is general, with an inventory of 67300 tons this week. According to the data, on July 22, 2021, the price of benzene in East China market was 10850-11950 yuan / ton, with stable month on month at the low end and stable month on month at the high end.

3、 Future forecast

At present, downstream terminal enterprises are generally interested in high-level goods receiving, domestic sales and exports are restricted by different factors, production enthusiasm is not high, supply and demand may continue to be in a stalemate, and the PS market is expected to be consolidated in a narrow range.

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