Tuesday, November 09, 2010

Domestic polystyrene prices move higher with styrene in Asia

In Asia, local PS prices in China and Southeast Asia have moved higher over the past few days in line with rising styrene feedstock costs, as per Chemorbis. In the region's import markets, strong resiistance from buyers has prevented PS prices from rising so far, with some sellers offering at the upper end of the import range even agreeing to price reductions of US$20-30/ton to speed up sales.

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