The large reductions in October styrene contracts were followed by another round of notable price decreases in the downstream PS market in Europe. Players report three digit decreases on transactions this week as the recent falls attracted some buyers to the market to make needs-based purchases, according to ChemOrbis. October PS prices came with €130-140/ton […]
Spot styrene prices gained ground in Europe after fluctuating since the beginning of July, according to ChemOrbis. Prior to the recent gains in spot styrene prices, players were projecting decreases for the upcoming monomer contracts. However, firmer spot prices might defy those bearish expectations if this upward momentum proves to be sustainable in the days […]
In Asia, spot styrene costs hit their lowest levels seen since 2012 as per the pricing service of ChemOrbis. The spot market has been on a downward trend for some time and prices have recorded $95/ton losses on the month and $40/ton losses on the week. The drop in styrene prices was fueled by the […]
According to the full year import statistics for 2013, Italy’s plastics market saw positive growth last year following two straight years of contraction as per ChemOrbis. However, the trend varied significantly amongst products, with several still contracting and others booming. PET clearly contributed positively with import growth of 32% year over year, while PS saw […]
Date HIPS ( $/MT) GIPS ($/MT) HIPS ( Rs./Kg) GIPS (Rs./Kg) 28/09/2015 2888.05 2777.82 190.92 183.63 21/09/2015 2888.05 2777.82 190.24 182.98 14/09/2015 2888.05 2777.82 191.31 184.01 7/09/2015 2888.05 2777.82 193.00 185.63
