Polystyrene United States

摘要

September domestic contracts remained unsettled this week, but expectations were for a 2-4 cents/lb decrease from August contracts, sources said this week. Buyers were heard pushing for the decrease after September US benzene contracts dropped 36-37 cents to settle at a 469-470 cents/ gal split, sources said. Sellers had been heard seeking a rollover for a second consecutive month, but sources said this week that sellers were talking decreases in the 2-4 cents/ lb range. With benzene spot pricing continuing to decline, sources said another decrease in October might follow the anticipated drop in September pricing, dependent on the October benzene contract price. Domestic contracts were last assessed for August at record-highs of 126-128 cents/lb delivered railcar for general-purpose polystyrene and 136-138 cents/lb delivered railcar for high-impact polystyrene. Polystyrene demand was described as stable but slower as the summer PS season has ended, sources said. Supply was heard tight, but buyers were not having issues finding product, sources said.