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 10925 yuan / ton, while the average price of EPS ordinary material at the weekend was 10675 yuan / ton, down 2.29% and up 31.79% compared with the same period of this year.
2、 Market analysis
In terms of cost, styrene is expected to be weak, pure benzene is difficult to have a clear direction for the time being, styrene supply is increasing, and the arrival of US dollar goods is increasing. On the supply side, it is difficult to restart the stopped EPS device next week, and it is expected that the output will not change much next week.
EPS factory delivered goods at a small margin, affected by the rebound of styrene, the overall turnover volume. As of June 17, Jiangsu’s common material was 10400 yuan / ton, down 200 yuan / ton, or 1.89% on a month on month basis, and its fuel was 10900 yuan / ton, down 200 yuan / ton, or 1.80% on a month on month basis.
3、 Future forecast
Domestic EPS market was weak, styrene fell to near the cost line, and the market negotiation was slightly deadlocked. The EPS market is expected to weaken slightly next week.