I Price trend

According to the monitoring data of business society, the average price of EPS ordinary materials at the beginning of this week was 11025 yuan / ton, and the average price of EPS ordinary materials at the weekend was 10975 yuan / ton, with the price down 0.45% and an increase of 5.28% compared with the same period of the year.

II quotations analysis

Domestic EPS prices weakened slightly in this cycle. Crude oil fluctuated at a high level, styrene fluctuated back, and the logistics and transportation caused by early public health events have improved in some areas, but the impact of Jiangsu and other regions is still obvious, the terminal demand has not changed significantly, and the overall transaction is general. As of April 14, the ordinary materials of Jiangsu sample enterprises were 11000 yuan / ton, a month on month decrease of 100 yuan / ton, a decrease of 0.90%, and the resistance fuel was 11900 yuan / ton, a month on month decrease of 100 yuan / ton, a decrease of 0.83%.

Domestic styrene prices fluctuated and fell, with limited overall decline, mostly weak consolidation. During the week, the spot high-end transaction in Jiangsu was 10000 yuan / ton, the low-end transaction was 9730 yuan / ton, and the high-end and low-end price difference was 270 yuan / ton. This week, the guidance of crude oil on the price of styrene weakened. Although crude oil rose sharply during the week, styrene continued to fluctuate in a narrow range after falling at the beginning of the week.

III Future forecast

At present, the supply side has reduced production in Jiangsu more or less, and it is difficult to significantly improve production in other regions. It is expected that the EPS market may be weak and volatile in the short term.