PS Prices and News
Stats: Türkiye’s polymer imports hit highest quarterly level in Q3 by Merve Madakbaşı
Overall polymer imports stood at around 1.7 million tons in the July-September period, marking the largest volume on record. According to ChemOrbis Import Statistics, the Q3 figure indicated a 10% increase from the prior quarter, while the yearly comparison pointed to almost a 24% hike... 03-11-2023
Asian import PS, ABS markets pull back after 3-month uptrend by Thi Huong Nguyen
In China and Southeast Asia, import PS and ABS markets have turned bearish following an upward trend that was in place since July. The combination of falling production costs and lingering tepid demand has resulted in the recent reversal while signaling further downside in the interim... 10-10-2023
Asia’s PS, ABS markets reach multi-month highs on cost support by Thi Huong Nguyen
In Asia, PS prices have remained on a stable to firmer course starting in early July, while ABS prices have not witnessed any losses since the second half of June. Sentiment in the styrenic markets has been mainly supported by the rally in crude oil and feedstock prices, defying the overall weakness in demand... 19-09-2023
Türkiye’s polymer markets in flux amid bullish costs, lackluster demand by Merve Madakbaşı
Import polymer markets witnessed firmer pricing policies on the side of suppliers in the first half of September in Türkiye. This was mainly because soaring upstream costs squeezed producers’ margins, prompting PP, PE, PVC, and PS sellers to issue monthly hikes. Yet, most of them admitted that the state of demand cushioned additional price gains for most products or even led to discounts for certain ones... 15-09-2023
Europe’s PET, PS and ABS markets brace for further hikes in Sept by Manolya Tufan
Regional players have been gradually returning from long summer holidays in Europe, with some sources reporting better than expected activity in the market during August. This was mainly attributed to the cautious pre-buying ahead of firmer voices for September... 31-08-2023
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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