Polystyrene United States

摘要

US polystyrene activity was heard to be slow over the week, as many buyers were waiting for anticipated lower prices in September. "It's too early to tell," said one source regarding price movements for September. "It depends on the benzene settlement," he added. Benzene, a feedstock for styrene, often moves with crude - which has recently pushed up to the mid- $80s/barrel in the October futures market. One source explained that should crude fall below $80/barrel, there could be lower prices downstream for styrene and polysyrene. Domestic prices were heard to be stable at 93 cents/lb for general-purpose polystyrene, and 105 cents/lb for high-impact polystyrene. "US PS cannot be export[ed]," said one source regarding the export market, as prices were still considered high.