PS Prices and News
Upcoming holidays, COVID spike pressure PS in Asia by Abdul Hadhi
Import PS prices in Asia have been slipping from late November of last year. It was initially due to the year-end market lull amid holidays but the pressure has continued into 2021 as the number of COVID-19 cases spike and activity starts to thin heading towards the Chinese New Year... 19-01-2021
Stats: Turkey’s 2020 polymer imports set to beat the 2017 record by Merve Madakbaşı
According to ChemOrbis Import Statistics, Turkey’s overall polymer imports surged 10% in November compared to the same month of 2019. Looking at cumulative imports January-November, the volume is readying to surpass 5 million tons for the whole year... 04-01-2021
Asian PS, ABS markets witness further losses on year-end lull by Merve Madakbaşı
Styrenic prices in Asia reversed course around early December. Waning demand and fading support from feedstocks started to exert a pressure on markets in China and Southeast Asia. Priorly, mostly an uptrend had held sway over the markets from May to November... 21-12-2020
Supply issues take center stage in Turkey’s polymer markets by Merve Madakbaşı
Turkish polymer markets extended their hikes to the final month of 2020. Although the size of monthly increases varied depending on the polymer, unprecedentedly rising shipping costs and reduced availability came to the fore as common triggers behind larger December gains... 11-12-2020
2020: A tumultuous year to remember in polymer markets by Esra Ersöz
Commodity markets weathered the storms of economic crises occasionally in the past; however, this was the first time a pandemic rattled the markets, creating a quandary for almost all the world this year. As the year end draws to a close, a comprehensive review of 2020 will make us remember what the polymer markets have lived through and how we have reflected on these extraordinary times... 10-12-2020
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)
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