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I. Overall Overview 【External Market Outlook】The domestic PE market continues to see upward pressure; domestic materials have seen a slight increase in price. However, in some areas, low prices of imported materials have led to a decline in sales activity. PP market prices continued to rise slightly, with some manufacturers raising their ex-plant prices further; market sentiment remained bullish, and purchasing by downstream manufacturers picked up. PS market prices continue to rise; suppliers are active in their operations, focusing on quick buying and selling, with many holding a bullish outlook for the future market. Downstream factories, concerned about further price increases, are actively stockpiling goods. The market is lively in terms of trading activity, but actual transaction volumes remain relatively low. Some traders in the ABS market are offering higher prices; as the atmosphere improves, trading volume has increased, supply is generally normal, and the operational rate of end-users remains low. II. Market Overview: Some traders have offered 7000F low-pressure film at $980 per ton, on a spot basis, with delivery from Dalian’s free trade zone. Qatar Petrochemical’s PE products: the price for high-pressure membranes 0274/0474 is $970 per ton CFR the main port in China; the price for material MG70 with coating 0710 is $990 per ton CFR the main port in China, with shipment scheduled for March. Samsung Total PP’s shipments for February in South Korea have been sold out, and quotes for the March shipments are expected to be available around the 20th of this month. Previous quotes: The price for homopolymer injection molding is $860–880 per ton, while the price for copolymer is $880–900 per ton, on an immediate basis, CFR China. South Korean SK has limited supply for sale in China; in February, the supply mainly comes directly from the factories. Affected by the lower order volume, the quote for March is expected to be released in mid-month. III. Outlook for trends: Generally speaking, the PE market is performing well as factories are operating at full capacity and demand is rising, leading to solid transaction volumes; however, there are signs that prices may have reached their peak. Today’s prices in the PP market saw a slight increase. The market is short of supply, and overall sentiment is positive; suppliers are actively pushing up prices as they are optimistic about future trends. Those with ample supplies have started to release some of their stock in order to make profits, while those with limited supplies have raised their prices and continued to wait for prices to rise further. In most markets, prices have risen; sellers are active in their transactions. End-users, worried that prices will continue to climb, are starting to stock up aggressively. In other markets, however, there is only nominal price increase, and transaction volumes remain unsatisfactory. The quotes from the main ABS suppliers have seen a general increase, with only a few actual transaction prices remaining slightly lower. Driven by limited supply and successive price hikes in the petrochemical sector, the market atmosphere has improved, with transaction prices generally on the rise above the mainstream level. No major changes are expected in the near future. Zhongsu Plastics Information