ICIS has a network of locally based reporters providing coverage of regional Polystyrene markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Updated to Q4 2018
Supply was deemed largely constant in the last quarter of 2018. In early Q4, there was a short period of long supply situation as demand weakened on falling upstream styrene monomer (SM) prices. However, after some Asian suppliers lowered their plant operation rates in reaction to the market, supply and demand became slightly more balanced. From mid-Q4, supply gradually tightened with players returning to the market, deeming PS prices to have or nearly bottoming out.
There was a slight increase in demand in the Middle East and India when market players returned to the market after adopting a wait-and-see approach in most of Q3 2018. There were some re-stocking activities as buyers deemed Asia’s prices to be more competitive than their regional prices because of falling feedstock styrene monomer (SM). This was further compounded by expectations of PS prices to have or nearly bottoming out.
We offer the following regional Polystyrene coverage to keep you informed of factors and developments affecting prices in the Middle East-South Asia Polystyrene marketplace.
Price Reporting – More information about the price reports we publish on Polystyrene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Polystyrene
Track historical price data
Other types of reports we cover for Polystyrene
Use margin reports to assess the profitability of commodities
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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 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.
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Polystyrene (PS) is a thermoplastic polymer and is available in several forms: general purpose (crystal), medium impact, high impact and expandable
The ICIS Middle East South Asia polystyrene (PS) weekly report enjoys a strong benchmark status in the Middle East and is used as a reference by several market participants in South Asia.
The report captures price movements in the Gulf Corporation Council (GCC) and the East Mediterranean (East Med), as well as Iran, India and Pakistan.
General purpose polystyrene (GPPS) and high impact polystyrene (HIPS) are covered.
The report delves into market factors that affect prices, including feedstock costs, supply-demand fundamentals and freight rates.
While providing analysis of the current situation, the report outlines emerging trends that could influence pricing in the near future.
In addition, it lists plant turnarounds, outages and start-ups. It also tracks changes in freight rates on a weekly basis.
By communicating closely with a wide cross-section of market players, including buyers and sellers, ICIS has maintained the accuracy of the report and enhanced its status as an independent and objective price reporting service.
The ICIS PS report helps industry players make informed trading and business decisions.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including 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.
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The 8th ICIS World Polyolefins Conference is the place for you to gain a deeper understanding of regional market flows, emerging opportunities for polyolefins, European regulations, and more, over two full days of content plus an additional training course day. Our high-level speakers come from the full value chain to provide you with varied insight into hot trends in the industry.