Polystyrene Asia

The ICIS Asian polystyrene (PS) report includes both the general purpose (GP) and high impact (HIPS) grades and covers several key trading markets, most notably Hong Kong and China.

Hong Kong remains a key trading hub for PS and our report and this quote is pertinent in providing an accurate snapshot of the spot market in China.

The China price quote covers several key trading areas including Shanghai and Shenzhen. Price assessments and commentary for the Chinese domestic markets are also included.

Coverage on the southeast Asia (SE Asia) market completes the round of the PS market in the Asia-Pacific. Besides tracking traits in the market, the report also comments on the demand-supply situation and reviews plant operating rates in Asia.

This provides additional context to our analysis and gives our clients more information with which to make informed decisions.

Working closely with our colleagues and China we poll producers, traders and end users before providing an accurate price assessment.

The ICIS report helps our customers to make sense of the market.

Our detailed and reliable price assessments have made them an essential reference tool, be it in contract negotiations or as an independent source of arbitration.

ICIS pricing’s weekly Polystyrene Asia margin report covers integrated and stand-alone (or non-integrated) production of both general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) in both northeast and southeast Asia. The integrated models are based on naphtha, the dominant cracker feedstock in Asia, combined with feedstock benzene sourced from the cracker and, in the case of HIPS, purchased polybutadiene. Full account is taken of cracker co-product credits. The stand-alone models consider GPPS production from purchased styrene and HIPS production from purchased styrene and polybutadiene. All models are based on spot prices.
 
For more information on ICIS pricing’s weekly Polystyrene Asia margin report, read the full methodology here.

 
More on ICIS margin reports

Whether you are a buyer, a seller or a trader, ICIS weekly margin reports can help you understand how costs and prices hit product profitability. Our weekly reports provide prompt signals on the direction of variable margins for a range of commodities. Our weekly margin offering delivers reliable and timely indicators of the extent to which producers are covering their fixed costs. ICIS margin calculations are underpinned by Linde Engineering plant manufacturing and feedstock yield models.

For more information on ICIS margin models in general, view our video.

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 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.