1 Today's Summary

① Today, GPPS in East China stabilized at 8,400 yuan/ton, in line with morning expectations.

②、 On Wednesday, the styrene market in East China dropped by 65 to 8,050 yuan/ton, in South China it fell by 50 to 8,150 yuan/ton, and in Shandong it rose by 15 to 8,015 yuan/ton. 。

2 Spot Overview

Table 1 Summary of Domestic PS Prices (Unit: Yuan/Ton)

According toLongzhong InformationToday, GPPS in East China stabilized at 8,400 yuan per ton.Upstream styrene saw a slight rebound before fluctuating, with the market mainly focusing on price support. However, supply remains at a high level, and the overall availability of goods in the market is ample. After recent replenishment, buyers are largely adopting a wait-and-see approach, resulting in transactions being less than yesterday. 。

Figure 1: 2023-2025 Domestic PS Price Trend Chart (RMB/ton)	Figure 2: Domestic Styrene Price Trend Chart from 2023 to 2025 (Yuan/Ton)
Data source: Longzhong Information	Data source: Longzhong Information

3 Production dynamics

Table 2: Latest Developments in China's PS Production Facilities (Unit: Ten Thousand Tons/Year)

4 Price Forecast

The frequent fluctuations in raw material styrene make the cost support uncertain. With supply running at high levels and demand falling short of expectations, there has been some improvement in low-price sales in the market, but it is difficult to push prices higher. In the short term, the PS market may narrow its range of adjustment. It is estimated that the East China market for modified styrene will be between 8,400 to 9,800 yuan per ton.

5 Data Calendar

Table 3 Overview of Domestic PS Data (Unit: Million Tons)