SunSirs: China EPS Transaction is Acceptable
The EPS market is stable. The ex-factory price of common materials in Jiangsu is about 10,900-11,100 RMB/ ton, and the ex-factory price of barrier fuel is 11,500-12,000 RMB/ ton. Styrene stopped falling and rebounded. Under the atmosphere of buying up and not buying down, some terminals replenished an appropriate amount, and the overall transaction was OK. China domestic EPS prices are expected to fluctuate in the short term.