I Price trend
According to the monitoring data of business agency, the average quotation of EPS ordinary materials at the beginning of this week was 111255 yuan / ton, and the average price of EPS ordinary materials at the weekend was 10875 yuan / ton, with the price down 2.25% and an increase of 2.11% compared with the same period of the year.
II quotations analysis
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The domestic EPS price fell, the situation in Russia and Ukraine may ease, the crude oil shock fell, and the styrene price fell all the way. In addition, due to the influence of local force majeure factors, some merchants had poor purchase intention, the inventory was low and the terminals in normal production were replenished on demand, and the overall trading atmosphere was weak. As of March 17, the ordinary materials of Jiangsu sample enterprises were 10900 yuan / ton, a month on month decrease of 500 yuan / ton, a decrease of 4.39%, and the barrier fuel was 11800 yuan / ton, a month on month decrease of 500 yuan / ton, a decrease of 4.07%.
It is expected that the downstream transportation of crude oil will continue to fluctuate or the downstream logistics will not be smooth next week. On the supply side, the logistics and transportation in some regions are not smooth, and the production of some devices is reduced. It is expected that the domestic EPS will start or decline slightly next week.
III Future forecast
The logistics and transportation in some EPS regions are limited, the mentality of merchants is tangled, and the overall transaction is not good. The EPS market is expected to be weak and volatile as a whole next week.
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