PS Prices and News
PS, ABS markets to see new drops on plunging styrene in Europe by Manolya Tufan
Styrenics markets across Europe will post another round of notable drops as autumn kicks off amid a plunge in styrene settlement and growing fears over consumption. Initial PS offers started to emerge with 3-digit drops following lower styrene contracts. Weak market conditions have also set the table for ABS price concessions this month... 05-09-2022
Stats: Turkey’s H1 2022 polymer imports surpass 3 million tons by Merve Madakbaşı
Turkey’s polymer market size continued to widen despite uncertainties related to the global macro-economic environment. Total imports in the first half of 2022 set a new record high while easing freight rates, amid a global slowdown in trading, partially contributed to the increasing volume of imports... 03-08-2022
STATS: China’s H1 polymer imports lowest since 2017, exports at a record-high by Manolya Tufan and Esra Ersöz
According to ChemOrbis Stats Wizard, China’s cumulative polymer imports in the first half of 2022 posted a yearly decrease of 14% to be reported at about 9.6 million tons, the lowest H1 volume since 2017. Exports, on the other hand, rose 26% on year to hit an all-time-high of 4.8 million tons... 01-08-2022
Bearish polymer trend prevails after extended holidays in Turkey by Merve Madakbaşı
Polymer players reported that the downfall continued in the post-holiday period for several resins as demand has failed to pick up in Turkey. PP, PVC, PE, and PS prices all witnessed new rounds of drops this week as buying appetite remained thin given a slew of factors... 22-07-2022
Downtrend in Asian styrenic polymers may continue through July by Shibu Itty Kuttickal
Styrenic polymers in China and Southeast Asia have seen prices falling by significant degrees in the four months since early March as demand kept weakening and feedstock styrene prices stayed mostly under pressure. Market players expect the downtrend to continue through July... 13-07-2022
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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