Strong gains for PS

摘要

Polystyrene suppliers sought price increases for general-purpose grades of euro 50-85/tonne last month with one producer asking for an increase of euro 65/tonne for high impact grades because of higher butadiene costs. A combination of good demand and short supply enabled producers to meet their target prices achieving increases for GPPS in the order of euro 50/tonne. Given that the cost of styrene monomer settled euro 33/ tonne higher in September, this represents a strong margin improvement for PS producers.