Overview of the hottest PS market in Asia

2022-08-26
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Summary of PS market in Asia

spot price: GPPS USD/ton CFR

Hong Kong +40-+40

Taiwan +30-+30

South Korea +30-+30

China +35-+35

Southeast Asia +20-+20

hips USD/ton CFR

Hong Kong +40-+40

China +35-+35

Southeast Asia +20-+20

PS price rose last week due to the influence of SM monomer. The sellers believed that the high price was resisted by the terminal to clear the value of the digital display meter, but they believed that the price would rise again this week. On the contrary, users believe that repeated supply and weak demand will prevent the rise of prices. However, with the joint efforts of all parties in the field of aviation materials in Asia, the market saw some end-users replenish their positions, fearing that the price would rise again

last Wednesday, the seller's intended price of GPPS rose to $650/ton (CFR Hong Kong/South China), and it can be confirmed that the quotation is as high as $670/ton (CFR Hong Kong/China) after Thursday. The seller said that several businesses and end users have reached an agreement on this price. The seller's intention price of hips is $690 ~ 700/ton (CFR China). Similarly, the seller in Southeast Asia also increased the quotation. The main and auxiliary composite leaf springs should be able to ensure full contact of the working surface of the auxiliary leaf spring under the rated static load, specified load and reference load. GPPS is quoted at $650 ~ 660/ton (CFR Southeast Asia), and hips is quoted at $690/ton (CFR Southeast Asia). Several buyers also have GPPS prices below $650/ton (CFR Southeast Asia)

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