PS Prices and News
Global shipping turmoil deepens, adding to the upheaval in plastic resins
by Manolya Tufan
and Esra Ersöz
Polymer markets shoot up in a tumultuous climate, where the global shipping crisis has contributed to the soaring prices in major regions. Global supply chains, both upstream and downstream in the plastic resin industry, were disrupted amid production snarls, a shortage of containers and changing demand patterns triggered by the pandemic...
15-02-2021
China’s post-holiday polymer outlook supported by supply limitations, crude oil
by Merve Sezgün
Chinese New Year holidays finally kicked off on February 11, and the traditional market lull has begun. This year, players went on holiday amid a bullish atmosphere being felt all over the world due to lingering supply concerns and rising crude oil futures. Despite COVID-19 related uncertainties, players mostly expect to find a bullish market once they return to their desks from the lengthy holiday...
12-02-2021
Upcoming holidays, COVID spike pressure PS in Asia
by Abdul Hadhi
Import PS prices in Asia have been slipping from late November of last year. It was initially due to the year-end market lull amid holidays but the pressure has continued into 2021 as the number of COVID-19 cases spike and activity starts to thin heading towards the Chinese New Year...
19-01-2021
Stats: Turkey’s 2020 polymer imports set to beat the 2017 record
by Merve Madakbaşı
According to ChemOrbis Import Statistics, Turkey’s overall polymer imports surged 10% in November compared to the same month of 2019. Looking at cumulative imports January-November, the volume is readying to surpass 5 million tons for the whole year...
04-01-2021
Asian PS, ABS markets witness further losses on year-end lull
by Merve Madakbaşı
Styrenic prices in Asia reversed course around early December. Waning demand and fading support from feedstocks started to exert a pressure on markets in China and Southeast Asia. Priorly, mostly an uptrend had held sway over the markets from May to November...
21-12-2020
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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