PS Prices and News
Turkey's polymer markets deadlocked as lira’s freefall shatters all records by Merve Madakbaşı
The Turkish lira faced a collapse against its peers on Tuesday before paring some of its losses later in the week. In the midst of an unstable parity, players maintained their "wait and see" stance, while economic concerns have wreaked havoc on polymer demand... 26-11-2021
European players evaluate impact of energy surcharge on polymer markets by Manolya Tufan
In Europe, the unprecedented surge in energy costs has rattled regional polymer markets that have been facing other setbacks driven by the pandemic. Several producers announced their plans to implement an energy surcharge on their prices, addressing the sudden and abrupt hikes in natural gas and electricity prices leading to a significant erosion of margins... 18-10-2021
Crude at multi-year highs contributes to a perfect storm in polymers by Esra Ersöz
A perfect storm of factors - including a long-lasting supply tightness and demand growth as well as the prevailing freight turmoil - have already caused a bullish atmosphere in polymer markets largely since the second half of 2020, disregarding some small intervals of downward corrections in different parts of the world... 08-10-2021
Turkey’s PS, EPS markets retain uptrend on low availability by Merve Madakbaşı
Import and local styrenic markets have been on a rising trend since early Q3 in Turkey. The main drivers have been pent-up demand amid the high season for certain applications as well as overrated shipping costs, which have both led to dwindling supply... 17-09-2021
European PS follows SM lower in Sept, ABS flat on tightness by Manolya Tufan
In Europe, spot PS markets have reversed the course amid lower styrene settlement and unsupportive supply-demand dynamics. However, ABS prices have moved sideways amid ongoing tightness and relatively better demand... 13-09-2021
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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