Focus story by Michelle Klump
HOUSTON (ICIS)--US polystyrene (PS) contract prices for August were assessed as flat on Friday, based on tightening supply which was counteracted by slightly lower feedstock benzene costs, and despite a mid-month price hike announced by one producer.
With the price rollover, US July PS prices were at 113-115 cents/lb for bulk general purpose PS (GPPS) DEL (delivered) and at 121-123 cents/lb for bulk high-impact PS (HIPS) DEL, as assessed by ICIS.more >>
INSIGHT: Questions remain over China’s polyethylene market data
"Several theories are travelling around the market place about why the numbers are so out of sync with the prevailing mood." more
Asian Chemical Connections