Polystyrene Africa

摘要

North Africa polystyrene prices meandered $5/mt lower to close at an assessment of $1,780/mt CFR for general purpose grade product while HIPS values sank $40/mt to settle at $1,830-1,840/mt CFR for high impact grade material. While demand and consumption volumes in September marked an improvement from August, that improved intake still disappointed raised expectations on the back of an exceptionally poor August, local sources said. Asian producers placed offers in a wide range between $1,800-1,900/mt CFR for GPPS, while European producers held back on offers. The sharpest prices were from Egyptian and Saudi Arabian producers who offered $1,780-1,800/mt CFR for GPPS and $1,830-1,840/mt CFR for HIPS, but inspired little interest from buyers and end-users who were still struggling to clear out old stock from their warehouses, sources said.