HIPS Resin Spot Price Jumps 6.33% in One Day to 12,600 Yuan/Ton as Styrene Rally and Recovering Appliance Demand Fuel the Surge

Deep News
Oct 08

According to data from Tonghuashun iFinD, the latest spot price of HIPS resin on October 8 reached 12,600.00 yuan per ton, surging 6.33% in a single day and also gaining 6.33% over the past week, with a cumulative increase of 9.09% over the past month.

The spot price trend for HIPS resin shows the latest price on 2026.10.08 at 12,600.0, with a daily change of 0.00%, a weekly gain of +6.33%, and a monthly gain of +9.09%. Data timestamp: 2026-10-08. HIPS resin spot price: 12,600. Quickly identify the industry's beneficiary stocks.

Why HIPS resin prices are rising

HIPS stands for high-impact polystyrene, positioned downstream of styrene and upstream of finished products. The spot price of HIPS rose on October 8, primarily driven by a strong rally in upstream styrene prices, which pushed up production costs and traders' quotes. At the same time, downstream demand from appliances and other sectors remained relatively solid, with HIPS showing stronger demand resilience than GPPS. Suppliers' willingness to hold firm on prices strengthened, and the combination of cost support and demand improvement jointly drove prices higher.

Stocks linked to HIPS resin

Among related individual stocks, Renxin New Material rose 13.73% to 13.09 yuan, Xingye Co. gained 10.02% to 14.38 yuan, Shenjian Co. climbed 5.43% to 10.1 yuan, Daoshengtianhe advanced 4.38% to 15.24 yuan, and Guanghua Co. added 2.96% to 20.52 yuan.

A friendly reminder: a rise in commodity prices does not necessarily mean related individual stocks will rise in tandem, as individual stocks are also affected by factors such as performance, policy, and market sentiment. The above content was compiled by AI and is for reference only, not constituting investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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