Polystyrene Asia

摘要

GPPS: Asian general purpose polystyrene remained flat on week at $1,410/mt CFR China Wednesday, amid quiet discussions. The market is silent this week, after feedstock styrene monomer surged last week, generating some buying interest], a trader based in Singapore said. Demand is still weak due to a slowdown in the China economy, he added. SM was on an uptrend last week, rising $83/mt week on week to $1,384.50/mt CFR China last Friday. Then, however, it fell $30.50/mt to $1,354/mt CFR China Wednesday. HIPS: High-impact polystyrene was flat on week at $1,510/mt CFR China Wednesday. The polystyrene market in China and Southeast Asia was soft this week, after some traders came back to the market and bought some cargoes for restocking, when SM rebounded last week, a trader based in Guangzhou said.