According to data from Tonghuashun iFinD, the spot price of HIPS resin reached 11,600.00 yuan per tonne on September 2, marking a sharp single-day increase of 3.11%. Over the past week, the cumulative gain stands at 5.45%, with the one-month advance also recorded at 5.45%.

The latest spot price data as of September 2, 2026, shows HIPS resin at 11,600 yuan per tonne, reflecting a daily uptick of 3.11%, a weekly rise of 5.45%, and a monthly climb of 5.45%.

Why the rally?

HIPS, or High Impact Polystyrene, is a modified grade derived from PS downstream processing. The September 2 spot price surge was primarily driven by firm upstream styrene prices, as rising raw material costs were transmitted down the chain to the HIPS market. In addition, ex-factory prices for certain grades were revised upward, signalling stronger producer price support intentions. Combined with steady downstream demand-led purchasing and a reduction in low-priced supply, the spot market's negotiation focus shifted decisively higher.

Related stocks tracking the HIPS move

Shares linked to the HIPS sector include Shenjian Share (002361) up 3.95% to 11.04 yuan, Bofei Electric (301329) gaining 1.32% to 27.7 yuan, Shengquan Group (605589) rising 0.70% to 38.93 yuan, Zhongyan Technology (688716) advancing 0.54% to 27.88 yuan, and Renxin New Materials (301395) adding 0.49% to 12.2 yuan.

Please note: A commodity price increase does not necessarily translate into gains for related stocks, which remain subject to factors such as corporate earnings, policy shifts, and overall market sentiment. This content has been compiled by AI for reference purposes only and should not be construed as investment advice.