Chemicals Updates

Asian PS: Prices drop on weaker feedstock costs, lower offers / Aug orders heard weaken amid lackluster demand / China PS operating rate up 1.59% WOW; EPS rate down 2.01% WOW

Aug 07, 2025

General-purpose polystyrene CFR China and CFR Southeast Asia markers at $1,070/mt and $1,080/mt, respectively, on Aug. 6, both down $10/mt from the previous assessment. high-impact polystyrene CFR China and CFR Southeast Asia markers at $1,170/mt and $1,180/mt, respectively, on Aug. 6, both $10/mt lower from the prior assessment. "Our Southeast Asia order levels in July and August have considerably weakened because of poor market demand and competitive offers from producers in China," a polystyrene producer in UNV1 said. A Chinese HIPS producer said, "PS operating rate in China has increased due to the restart of some units. Demand-wise, I am not seeing any improvement for now. Home appliance production seems stable to weaker now. With the hot weather, some factories may be closed if there are no orders." "The market...

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