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    Home > Chemicals Industry > New Chemical Materials > PS Market quotes downward Merchants trading cautiously

    PS Market quotes downward Merchants trading cautiously

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    In the first half of this year, the price trend of the PS market closely followed the price fluctuation of styrene, and the frequent trend made the industry more cautious, and the downstream procurement was mainly
    on-demand.

    PS Market

    In terms of crude oil, crude oil prices fell
    sharply in the first half of the year.
    According to the data, the decline was 16.
    79%.

    On January 3, the market continued to weigh on the strength of the US dollar and doubts about whether major oil producers can live up to the production cut agreement
    .

    In terms of equipment, Jiangsu Leiden PS plant was restarted on June 4, and three benzene-permeable lines are currently running, with a single line starting 6-7%, and previously stopped all from June 1 to 3
    .

    With the arrival of the "Golden Nine Silver Ten", the PS market may have a wave of market in the second half of the year, and it is expected that the volatility of the PS market in the short term will be limited, with fluctuations of 100-200 yuan / ton, it is recommended that the industry continue to pay attention to the guidance of the upstream styrene trend to the market
    .

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