[Introduction] Recently, the PS market has gradually oscillated upward, but the overall trading activity of the market has not improved significantly. At present, the PS market in the East China market is generally priced at 12,350-15,000 yuan / ton. The overall inventory of the company is not high, and some of the supply of goods is still tight.

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Recently, the PS market has gradually oscillated upward, but the overall trading activity of the market has not improved significantly. At present, the PS market in the East China market is generally priced at 12,350-15,000 yuan / ton. The overall inventory of the company is not high, and some of the supply of goods is still tight.

The dominant position in the PS market is still the cost side. At the beginning of the month, the raw material styrene was exhausted, and the empty orders were replenished, and the terminal procurement enthusiasm was high. In addition to the contract delivery, the recent shortage of goods to Hong Kong, the low domestic stocks, etc., further stimulated the gains, raw materials styrene shocks up, continue to stimulate PS manufacturers to push up the enthusiasm. This will drive the market to focus on the upward trend.

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Although the cost is boosted, it is difficult for the PS market to fully follow the increase, mainly because the overall trading atmosphere has always been weak. Downstream demand entered the traditional seasonal off-season, coupled with the high temperature limit to start downstream. Traders have a strong wait-and-see attitude, and most of them use light warehouse operations. Although the cost boosted, driving the selling to raise the price, but because the buying has always maintained the rhythm of just purchasing, the volume of transactions continued to be insufficient, limiting the market to rise sharply.

The raw materials remain high, and the cost support is not reduced. However, due to insufficient demand follow-up, the market increase is limited to a certain extent. On the whole, the short-term PS market may still be dominated by rising, but the rising speed is difficult to match the raw material market.