Expandable polystyrene Prices, markets & analysis
ICIS price reporting for regional Expandable polystyrene markets is unparalleled in its ability to keep you on top of the information you need.
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Expandable Polystyrene Europe Transcript
The European EPS report monitors prices for block and packaging grade EPS material, in Europe valued in Euros and in the UK valued in Pounds Sterling.
These prices are revised on a monthly basis but the commentary of the report also covers the background dynamics that govern and drive the market. And therefore is just as valuable for the readers in terms of forming their own benchmarks for their prices and the margins on which they need to operate upon.
In order to produce the report we talk to many buyers in a variety of countries, we also talk to distributors; we talk to all the key producers who account for over 90% of the total output in Europe. The market is characterised by long-term stable relationships between producers and their customers.
The report itself is also distinguished by similar long term relationships with our sources, and they recognise the objectivity and the integrity that underlie the report.
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 Europe Expandable polystyrene marketplace.
Price Reporting – More information about the price reports we publish on Expandable polystyrene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Expandable polystyrene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2015
European expandable polystyrene (EPS) prices saw a reduction of €60-75/tonne in July, slightly less than the €85/tonne drop for styrene. Sellers cited a need for some margin recovery in July, following a difficult period through May and June which saw EPS suppliers struggling to keep pace with styrene pricing developments. Buyers were holding back in anticipation of lower prices, so this also supported July demand.
August styrene settled €25/tonne lower, and EPS contracts were assessed at a reduction of €10-20/tonne. August activity had slowed down compared to July, but was still stronger than had been previously anticipated. Some consumers were pre-buying ahead of the peak insulation season later in the year, and others believed that inventory levels were depleted overall following several months of hand-to-mouth consumption in the market.
September saw a drop of €100/tonne for styrene and the subsequent collapse of spot pricing, which moved below $900/tonne FOB but edged back up by the start of October. EPS contracts were assessed €80-100/tonne lower, and buyers were holding out for further downward movement on feedstock costs next month. However, tight inventory levels throughout the year meant that some consumers had to purchase volumes this month.
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.
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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.