PS Prices and News
Will it be another month of softer prices in Europe PS, ABS markets? by Esra Ersöz
PS and ABS markets have largely closed October with price drops from the previous month while rollovers were also obtained in some cases across Europe. Heading to November, players are pondering whether stagnant demand will weigh further on the outlook for a second month... 28-10-2019
Asia PS, ABS markets under pressure from multi-year low styrene by Merve Madakbaşı
Sellers in Asian styrenics markets have been largely feeling the downwards pressure of feedstock prices for around a month now. Spot styrene prices have been steadily declining since mid-September, prompting suppliers to apply slight drops on their prices this week... 18-10-2019
China’s polymer imports renew records in Jan-Aug despite concerns over economy, trade war by ChemOrbis Editorial Team and Esra Ersöz
Between January and August, China’s cumulative polymer imports increased by over 13% from the same period of last year, remaining on track to hit the highest annual import volumes since ChemOrbis started collecting data in 2000... 01-10-2019
Is European PS market on brink of a softer trend? by Manolya Tufan
Heading towards October, players reported that the increasing trend in Europe’s PS markets is set to lose steam after 2 months of price hikes. According to some, even rollovers to slight decreases may ensue considering the supply-demand conditions... 30-09-2019
Italy’s polymer imports march to record highs in H1 by ChemOrbis Editorial Team and Esra Ersöz
During the January-June period, the overall polymer imports reached more than 2.8 million tons in Italy. With an increase of nearly 5% over the same period of last year, the latest figures marked the highest first-half record since 2000, according to data from ChemOrbis Import Statistics... 24-09-2019
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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