Expandable polystyrene Prices, markets & analysis
For clear insight into regional Expandable polystyrene markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Use ICIS information to:
- Follow fluctuations and understand factors driving them
- Input into your own internal analytical models
- Clarify settlements and contracts
- Inform negotiations
Expandable polystyrene Asia Transcript
The ICIS weekly Asian expandable polystyrene, or EPS report covers two grades, the packaging and the block flame retardant types.
A complete overview of the key Chinese market is given. Working closely with our colleagues in China, we quote spot prices on a CFR basis and provide domestic price assessments for both grades.
Besides providing demand and supply commentary for the region, we also provide plant operations as an additional indicator of supply. Commentary on feedstock styrene monomer is also in the report giving clients an added perspective on the production margins of EPS producers.
Included is also information on the Taiwanese local market, market analysis on the South East Asia market and a section on export markets.
Since we speak to all the major players who produce, buy and sell EPS, ICIS builds up a comprehensive and unbiased view of the market. This is useful for those looking for an independent reference or benchmark for spot transactions.
Expandable polystyrene news and market information products from ICIS
We offer the following regional Expandable polystyrene coverage to keep you informed of factors and developments affecting prices in the Asia Expandable polystyrene marketplace.
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News & Analysis - News & market analysis specifically relating to Expandable polystyrene
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Insight and analysis of factors driving prices.
The prices of expandable polystyrene (EPS) declined to $1,670/tonne FOB (free on board) northeast (NE) Asia in late September from $1,780/tonne FOB NE Asia in late July. Tepid demand in Asia had continued to exert downward pressure on resin prices. The third-quarter manufacturing season for exports in China was also weaker than expected. Consequently, demand for EPS from the packaging sector was lacklustre.
Slow economic expansion in China, coupled with credit and financing problems, had constrained the construction sector, which is also a key user of EPS. Hence, demand for block flame retardant (FR) EPS from this sector was down compared to previous years. The premium of FR resins over normal resins remained $50-60/tonne in Asia.
Low plant operating rates of mostly 45-55% in China over the third quarter also suggested that EPS demand did not pick up significantly during this period. Most users bought on a need-to basis and kept lean stocks in view of the weak demand and the short shelf-life of EPS resins.
Updated to Q3 2014
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Expandable polystyrene.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Expandable polystyrene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Expandable polystyrene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.