PS Prices and News
Stats: Turkey’s polymer imports hit a new record in first 3 quarters by Manolya Tufan
According to ChemOrbis Import Statistics, Turkey’s overall polymer imports in January-September hit a fresh record-high with around 4.3 million tons, staging an increase of 7% from the same period of 2021. Even though the growth in Q3 imports lost some speed on a quarterly basis, they are still above the same period of last year... 31-10-2022
Demand slump counterbalances run rate cuts and energy surcharges in Europe’s polymer markets by Manolya Tufan
Regional polymer markets have been running through rare times, with run rate cuts and energy cost increases being in main focus since September. However, demand slump is so obvious that it has been preventing these factors from setting the tone of the market... 17-10-2022
China’s local polymer markets return from holidays on firm footing by Pınar Polat
Chinese markets were closed for a week-long holiday due to National Day that began on October 1. Starting this week, trading has gradually resumed with initial indications of a firm return for local polymer markets, although the sustainability is mooted amid a slew of factors... 12-10-2022
Demand key as Asian PS and ABS market trends diverge by Shibu Itty Kuttickal
Styrenic polymers ABS and PS have shown a divergent trend recently despite the strength in feedstock styrene over the past two months... 27-09-2022
PS, ABS markets to see new drops on plunging styrene in Europe by Manolya Tufan
Styrenics markets across Europe will post another round of notable drops as autumn kicks off amid a plunge in styrene settlement and growing fears over consumption. Initial PS offers started to emerge with 3-digit drops following lower styrene contracts. Weak market conditions have also set the table for ABS price concessions this month... 05-09-2022
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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