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On March 15, the main domestic PS markets were generally running smoothly, and individual quotations fluctuated
in a narrow range.
The current demand performance is not satisfactory, the stalemate continues, and there is some room
for negotiation in the actual transaction.
On Monday (March 14), the Asian styrene market quotation was stable, and the F0B South Korean price held steady to close at 1094-1095 US dollars / ton; CFR China prices held steady at $1119-1120/mt
.
In terms of the spot market, the Yuyao PS market was narrowly sorted, the negotiation atmosphere was not good, and middlemen accompanied the market
.
The market waits and sees the trend of the raw material market, and the transaction is relatively slow
.
The market inventory is acceptable, and negotiation is the mainstay
.
The Shantou PS market was mixed, with a range of 50-200 yuan / ton, and the market trading was flat
.
Upstream consolidation operations, coupled with the resistance of downstream buyers, the market lacks bulk purchasing power
.
Merchants' shipment pressure is still large, traders follow the market to ship, but downstream demand continues to be weak, intra-city trading remains deadlocked, and transaction follow-up continues to be dull and weak
.
It is expected that the PS market will remain stable
tomorrow.
