PS Prices and News
Polymer demand takes a heavy knock from deepening COVID crisis in India
by Shibu Itty Kuttickal
The surge in COVID-19 cases has resulted in a slump in domestic demand in India at the levels of both downstream polymer converters and end-user consumer markets...
05-05-2021
European PS on brink of a softer trend after 6 months
by Manolya Tufan
Regional players reported that Europe’s PS markets are likely to reverse course after 6 straight months of price hikes. According to players, a potential drop in May styrene contracts along with growing resistance against inflated prices will weigh on the market...
26-04-2021
European PS sentiment cools off on styrene correction; ABS remains unfazed
by Manolya Tufan
In Europe, PS sentiment appears to have turned cautious as players moved to the sidelines on the back of steep corrections on styrene monomer. Still, ABS players have remained unfazed by the upstream volatility, with the support from supply-demand dynamics...
22-03-2021
China domestic PS pullback threatens import uptrend in Asia
by Abdul Hadhi
Domestic PS offers in China have started to pull back amid increasing buying resistance and reduced feedstock cost support in a development that may spill over to import offers in Asia, according to market players...
17-03-2021
Asian PS, ABS markets shoot up on production upsets, soaring styrene
by Manolya Tufan
PS and ABS markets in China and Southeast Asia made a strong start to the post-holiday period, while the pace of gains accelerated over the past week. Production upsets in the cold-hit US Gulf Coast fueled concerns over availability and surging spot styrene markets added to the bullish run...
01-03-2021
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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