PS Prices and News
Import PS, ABS markets recover amid upstream gains in Egypt by ChemOrbis Editorial Team
The import PS and ABS markets of Egypt were in a downward spiral since early February. However, a recovery in energy and upstream prices as well as improved demand in Asian markets have helped push up import styrenics prices in recent weeks. As of May 20, import PS and ABS prices have climbed to levels not seen since early to mid-April... 20-05-2020
Downtrend loses steam in Europe’s ABS markets, PS stabilizes by Manolya Tufan
PS markets in Europe seem to have stabilized after two straight months of decreases, while the downtrend in the ABS markets entered its third month in May due to the slow return of demand. Good packaging demand served to keep PS market flat this month. Plus, projections of improved demand in line with the easing of lockdown measures across Europe supported the sentiment... 11-05-2020
Asian PS markets fall to lowest in more than a decade, ABS hits 4-year low by Merve Sezgün
In China and Southeast Asia, import PS and ABS prices have continued to move lower due to a combination of virus-hit demand and plunging feedstock costs. Although industrial activity appears to be increasing amid fewer cases in China, overall demand across Asia remains weak, players noted... 26-03-2020
Downstream operations slacken amid virus-hit logistics, low demand in Europe by Manolya Tufan
With Europe becoming the new epicenter of the COVID-19 pandemic, run cuts or closures at downstream plants have been on the agenda. Meanwhile, rising freight rates amid a shortage of containers and increased checks at borders indicate that supply chain disruptions lurk around the corner... 23-03-2020
COVID-19 drags Asian PS markets to multi-year lows by Abdul Hadhi
PS prices are edging closer to 11-year lows in China and 4-year lows in Southeast Asia as market sentiment takes a growing hit from the impact of COVID-19 and lower feedstock prices... 03-03-2020
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
