The ICIS Expandable Polystyrene report is published weekly in Asia, Europe and the US. Price assessments cover spot or contract markets for block, packaging, insulation standard and flame retardant grades, depending on the region.
These unbiased and independent reports will give you valuable insight into market developments and the key factors that are driving prices. News and analysis include an overview of the market, feedstocks movements, production schedules and graphs. Our locally based reporters provide intelligence enabling you to follow the up-to-date developments on the market and make informed commercial decisions.
Updated to Q2 2021
Chinese supply was volatile throughout Q2 owing to production cuts early on and subsequent government-related safety checks. Supply outside China was mostly steady, except for some brief shutdowns during the long holiday period in May.
Demand was strong in early Q2 because of replenishment activity in southeast Asia after the Eid-ul-Fitr holidays, and in northeast Asia because of seasonal activities. However, it gradually dropped in June amid lockdowns.
Supply deteriorated throughout Q2 as suppliers non-integrated with styrene were unable to produce enough material due to several months of styrene price hikes and rising demand. Although styrene recovered by the end of Q2, EPS production has taken significantly longer to recover as imports remain low, logistics issues increased at the end of the quarter and some suppliers had production issues and shutdowns.
Demand increased in Q2, particularly from the construction sector which was driven by the high season and government incentives to increase renovations and energy efficiency. White goods packaging also remained at a strong level in Q2, driven by high appliances manufacturing output. Fish-box packaging demand remained stable during the quarter, following seasonal fishing trends. Demand increased further at the end of Q2 on supply concerns.
Spot supply was tight and inventory levels limited during the quarter, as buyers generally purchased close to their contract maximums during the period. The impact of the mid-February polar storm limited EPS supplies, as shortages of styrene monomer impacted average operating rates.
Demand was strong throughout the quarter because of the ongoing growth in manufacturing activity. Demand for both residential construction and home remodelling continued to be healthy. Foam food packaging demand – which grew during the coronavirus pandemic – was also good. ”
We offer the following regional Expandable polystyrene analysis and news coverage to keep you informed of factors and developments affecting prices in the Expandable polystyrene marketplace.
Price Reporting – More information about the price reports we publish on Expandable polystyrene
Independent price assessments and market coverage by region
Related products – You might also be interested in the information we publish on these related products
You may also find useful
Price History – More information about the historical price data we publish on Expandable polystyrene
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.
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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.
Expandable Polystyrene Methodology
Expandable polystyrene (EPS) is a rigid cellular form of polystyrene with good thermal insulation and shock absorbing properties, high compressive strength, low weight and a resistance to moisture.
Expandable polystyrene (EPS) is a rigid cellular form of polystyrene (PS) with good thermal insulation and shock absorbing properties, high compressive strength, low weight and resistance to moisture.
Building and construction applications are the largest outlet for EPS. Large quantities are used to make insulation foam for closed cavity walls, roofs and floor insulation. EPS foam also finds uses in road construction, bridges, drainage, flotation and sound insulation.
The other main application of EPS is in packaging. Food items such as eggs, meat, fish and poultry can be packed with EPS. The good shock absorbency of EPS makes is suitable for the packaging of delicate electronic goods.
Other uses for EPS include providing protection in crash helmets and as decoration in design work.