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The contradiction between supply and demand has a far-reaching impact on the interpretation of PS import data

The contradiction between supply and demand has a far-reaching impact on the interpretation of PS import data

(Summary description)InFebruary2022,Chinaimported62100tonsofPSrawmaterials,withanaverageimportpriceofUS$1271.21/ton.InFebruary,thedomesticPSmarketwasaffectedbytheSpringFestivalholidayandthecontradictionbetweensupplyanddemand.Thementalityonthefloorwasweakandtheoveralltradingrhythmwasnotsmooth.ThefollowingisabriefanalysisoftheimportdatainMarch.   1、Yearonyear/monthonmonthratioofPSimportquantityinFebruary2022     Fromtheimportdataofallprovinces,itcanbeseenthatEastChinaandSouthChinaarethelargestimportPScustomsclearanceareasinChina.Februaryaccountedfornearly90%ofthetotalimportvolume.Amongthem,GuangdongProvinceimported28300tons,accountingforabout45.59%;Shanghaiimported11500tons,accountingforabout18.60%;ZhejiangProvinceimported7700tons,accountingforabout12.44%;JiangsuProvinceimported3800tons,accountingforabout6.14%;ShandongProvinceimported4300tons,accountingforabout6.92%.   Fromthestatisticsoftheproductionandsalecountries,wecanseethatthethreestrongpatternofimportsfromChina,TaiwanandChinaandHongkonginFebruaryhasnotchanged,accountingforover6oftotalimports.Amongthem,9thousandand200tonsfromTaiwan,China,accountedforabout14.95%.12300tonswereimportedfromHongKong,China,accountingforabout19.76%;16300tonswereimportedfromMalaysia,accountingforabout26.34%.

The contradiction between supply and demand has a far-reaching impact on the interpretation of PS import data

(Summary description)InFebruary2022,Chinaimported62100tonsofPSrawmaterials,withanaverageimportpriceofUS$1271.21/ton.InFebruary,thedomesticPSmarketwasaffectedbytheSpringFestivalholidayandthecontradictionbetweensupplyanddemand.Thementalityonthefloorwasweakandtheoveralltradingrhythmwasnotsmooth.ThefollowingisabriefanalysisoftheimportdatainMarch.   1、Yearonyear/monthonmonthratioofPSimportquantityinFebruary2022     Fromtheimportdataofallprovinces,itcanbeseenthatEastChinaandSouthChinaarethelargestimportPScustomsclearanceareasinChina.Februaryaccountedfornearly90%ofthetotalimportvolume.Amongthem,GuangdongProvinceimported28300tons,accountingforabout45.59%;Shanghaiimported11500tons,accountingforabout18.60%;ZhejiangProvinceimported7700tons,accountingforabout12.44%;JiangsuProvinceimported3800tons,accountingforabout6.14%;ShandongProvinceimported4300tons,accountingforabout6.92%.   Fromthestatisticsoftheproductionandsalecountries,wecanseethatthethreestrongpatternofimportsfromChina,TaiwanandChinaandHongkonginFebruaryhasnotchanged,accountingforover6oftotalimports.Amongthem,9thousandand200tonsfromTaiwan,China,accountedforabout14.95%.12300tonswereimportedfromHongKong,China,accountingforabout19.76%;16300tonswereimportedfromMalaysia,accountingforabout26.34%.

Information
In February 2022, China imported 62100 tons of PS raw materials, with an average import price of US $1271.21/ton. In February, the domestic PS market was affected by the Spring Festival holiday and the contradiction between supply and demand. The mentality on the floor was weak and the overall trading rhythm was not smooth. The following is a brief analysis of the import data in March.
 
 
 
1、 Year on year / month on month ratio of PS import quantity in February 2022
 
 
 
 
 
From the import data of all provinces, it can be seen that East China and South China are the largest import PS customs clearance areas in China. February accounted for nearly 90% of the total import volume. Among them, Guangdong Province imported 28300 tons, accounting for about 45.59%; Shanghai imported 11500 tons, accounting for about 18.60%; Zhejiang Province imported 7700 tons, accounting for about 12.44%; Jiangsu Province imported 3800 tons, accounting for about 6.14%; Shandong Province imported 4300 tons, accounting for about 6.92%.
 
 
 
From the statistics of the production and sale countries, we can see that the three strong pattern of imports from China, Taiwan and China and Hongkong in February has not changed, accounting for over 6 of total imports. Among them, 9 thousand and 200 tons from Taiwan, China, accounted for about 14.95%. 12300 tons were imported from Hong Kong, China, accounting for about 19.76%; 16300 tons were imported from Malaysia, accounting for about 26.34%.
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