PS Prices and News
Downtrend in Asian styrenic polymers may continue through July by Shibu Itty Kuttickal
Styrenic polymers in China and Southeast Asia have seen prices falling by significant degrees in the four months since early March as demand kept weakening and feedstock styrene prices stayed mostly under pressure. Market players expect the downtrend to continue through July... 13-07-2022
European PS market shattered by massive hikes, even rollovers ensue for ABS by Manolya Tufan
Styrenics markets in Europe were shattered by the extent of fresh hikes in styrene and benzene settlements for July. PS offers emerged with massive hikes, while ABS saw rollovers or milder hikes under the shadow of weak demand. Players discuss what lies ahead, as the sentiment is torn between strong costs and weak fundamentals... 11-07-2022
Europe’s PS, ABS markets supported by higher styrene, will it last long? by Manolya Tufan
In Europe’s styrenics markets, a slight increase in the monthly styrene contact took players by surprise as they were anticipating visible drops. June styrene contracts settled slightly higher following a hefty hike in benzene settlement. Although PS and ABS players had earlier foreseen large drops in June, regional suppliers mostly approached the market with rollovers to small decreases... 13-06-2022
PS sellers’ May hikes find partial acceptance in Europe by Manolya Tufan
Rising costs encouraged European PS sellers to announce fresh hikes early in May. Having emerged €50-90/ton above April levels, PS prices hit fresh record highs but the upturn has lost speed. While smaller increases of around €50-60/ton have passed on deals so far, some sellers have started to report even rollovers in a few cases... 16-05-2022
PS, ABS prices hit all-time highs in Europe; a record gap with Asia by Manolya Tufan
April hikes carried European PS and ABS markets to unprecedented levels as the rally gained momentum amid surging costs, while Asian markets were softer under the shadow of weak demand. Since Europe has been trading well above global markets, particularly Asia, the disparity between the two regions has grown big enough to set a new record... 11-04-2022
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)
About Us
DOWNLOADYOUR MOBILEAPP TODAY
