PS Prices and News
Türkiye’s polymer markets shoot up on supply crunch, soaring costs by Merve Madakbaşı
March has turned into a turbulent month for Türkiye’s polymer markets, with supply disruptions triggering price hikes rarely seen in recent years. Rising tensions in the Middle East in the final days of last month not only pushed supply chains into turmoil but also drove production costs into one of their most volatile periods in years... 13-03-2026
Asia petchem chain rattled by Hormuz disruption as plants curb output, supply fears mount by Elif Sevde Yalçın and Esra Ersöz
The escalating conflict in the Middle East is sending shockwaves through Asia’s petrochemical industry, disrupting feedstock supply chains and forcing producers to adjust operations across the region. With shipping routes around the Strait of Hormuz severely affected, deliveries of crude, naphtha, LPG, and other key raw materials have been delayed, triggering force majeure declarations, plant shutdowns, and reduced operating rates at multiple facilities... 12-03-2026
PS markets struggle to absorb Feb hikes in Europe by Adriana Camacho
The European PS market extended its uptrend into February, with the pace of increases accelerating on the back of sharply higher feedstock costs. Initial offers emerged with increases in line with or even exceeding the €120/ton gain in styrene contracts... 20-02-2026
Stats: Türkiye’s polymer imports hit a new all-time high in 2025 despite financial strains by Merve Madakbaşı
Türkiye’s total polymer imports reached a new record in 2025. The country imported approximately 6.3 million tons over the year, data from ChemOrbis Stats Wizard showed, surpassing the previous record of 6.2 million tons set in 2023. The volume marked a 5% increase from 2024. The fresh peak in imports coincided with an improving macroeconomic backdrop, particularly through mid-2025, when GDP growth accelerated to 4.8% year-on-year in Q2 after a softer 2% rise in Q1, before easing to 3.7% in Q3... 06-02-2026
Styrene surge lifts European PS further, triggers delayed ABS rebound from five-year lows by Manolya Tufan
European styrenics markets entered February on a firmer footing, as producers moved to reflect sharply higher feedstock costs across PS and ABS chains. The rebound comes after a prolonged downturn for ABS and a gradual recovery already under way in PS, though market participants remain cautious over whether the full extent of announced hikes can be absorbed amid weak demand and persistent import pressure... 05-02-2026
Polystyrene (PS) is formed by the polymerization of styrene feedstock. As styrene is formed by adding ethylene into the benzene feedstock, benzene and ethylene prices are also taken into consideration, in addition to styrene while examining the production costs of PS.
There are two types of PS, namely GPPS and HIPS. These are divided into subgroups as injection and extrusion. While plastic hangers, protective foam, disposable cutlery, CD boxes are made of GPPS, HIPS is used in white goods and electronics.
The world's largest PS buyer is again China by a long way. As of 2020, China alone carries out 35% of global imports. It was followed by Malaysia and Germany, with 6% and 5% shares, respectively. Taiwan ranks first among the top PS importers list, followed by Belgium and France.
ChemOrbis Polystyrene (PS) prices and Plastics News section contain information on the market trends, as well as supply-demand factors and production costs that determine the pricing, statistics on imports and exports, along with maintenance shutdowns, restarts, and new capacities related to PS facilities.
Products:
GPPS injection, GPPS extrusion, HIPS injection, HIPS extrusion, EPS black/grey (inflammable), EPS white (inflammable), EPS white (regular)
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