PS Prices and News
Asian polymer markets unfazed by crude oil rally by Pınar Polat and Merve Sezgün
Import prices for most polymers in Asia have continued their downturn this week, defying the oil rally. Overall sentiment has remained weak across regional countries mostly due to mounting concerns over demand hit by the resurgence of COVID-19 particularly in Southeast Asia and India... 04-06-2021
India’s polymer demand slowly heals pandemic-inflicted wounds by Shibu Itty Kuttickal
Demand for polymers in India has seen a slow recovery as COVID-19 restrictions are gradually being eased in different parts of the country. But the pace of recovery has not energised the markets yet. Large-scale converters are mostly running close to full capacity while small units struggle to return... 03-06-2021
European PS, ABS under pressure from upstream markets by Manolya Tufan
Styrenics markets across Europe witnessed another round of up to 3-digit hikes in May, supported by the higher styrene settlement and supply constraints. PS markets have risen for the 7th consecutive month, while the ABS market has extended the longest-ever rally into May... 24-05-2021
PS, ABS prices propelled by firmer styrene in Asia by Pınar Polat
In Asia, PS prices headed north with support from rising spot styrene prices while ABS prices extended their gains into the second week. The earlier gains in crude oil futures as well as the ongoing supply tightness have also contributed to these recent gains... 17-05-2021
Turkey polymer markets entering holiday amid weak atmosphere, what lies ahead? by Merve Madakbaşı
Muslim countries are readying to celebrate Eid al-Fitr soon while Turkish players have started to leave their desks since the end of last week for holiday. Polymers witnessed drops over the past week, particularly for PP and PE, while the trajectory for the post-Eid period was under discussion... 11-05-2021
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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