1、 Price trend
Price: the mainstream quotation of GPPS is 7650-8900 yuan / ton, and that of hips is 8700-9700 yuan / ton.
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2、 Market analysis
The market trend is light and the price is stable temporarily. The downstream continues to purchase on demand, and the overall trading performance of the market is poor. Business bearish after the market, the actual operation of more stable down.
3、 Future forecast
PS market runs smoothly, the demand of downstream buyers is not high, in the case of low shipment, adhere to short-term cautious operation. On the other hand, due to some petrochemical factory offers continue to decline, the spot market support is insufficient. It is expected that the PS market will continue to adjust downward.
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