PS Prices and News
Outlook firms up for PS in Europe, ABS yet to follow suit by Manolya Tufan
In Europe’s styrenics markets, players started to share their expectations for February outlook ahead of the styrene settlement. The majority of the participants see an upturn more likely for PS, pointing to the relatively limited supplies and better buying sentiment, unlike ABS... 31-01-2019
PS recovery continues in Asia amid slowly rising styrene prices by Merve Sezgün
Import PS prices in China and Southeast Asia have been mostly on a stable to firm track since they hit a more than one-year low in around early December. Despite healthy demand and low inventories, sellers either kept their offers stable or applied modest hikes in the midst of slowly rising spot styrene prices... 21-01-2019
PS producers’ January offers defy lower styrene in Europe by ChemOrbis Editorial Team
European PS suppliers approached their local markets with rollovers to slight increases regardless of the unexpected fall in the January styrene settlement. Adopting a similar pricing policy, one of the suppliers raised its export PS offers to the nearby Turkish market... 10-01-2019
Turkish players evaluate the imposed anti-dumping duty on Iran PS by ChemOrbis Editorial Team
Turkey’s Ministry of Economy enacted an anti-dumping duty of 11.3% on PS imports originating from Iran. The duty entered into force on December 31, 2018. Players were not caught by surprise as expectations had already called for an extra duty of of 11-14% ... 04-01-2019
A look back at Asian PS markets in 2018: Styrene continues to play a key role by ChemOrbis Editorial Team
As 2018 edges to a close, Asia’s PS markets have mostly continued to follow the route of styrene prices. The state of demand along with the movements of crude oil futures remained as other determinant factors... 26-12-2018
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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