Chemicals Updates

Asian PS: Prices remain stable amid limited change in feedstock costs / China announces third batch of funds to support consumer goods trade-in program / China PS operating rate rises 0.12% on week, EPS operating rate up 1.10%

Aug 04, 2025

General-purpose polystyrene CFR China and CFR Southeast Asia markers at $1,080/mt and $1,090/mt, respectively, July 30, both stable from the last assessment. high-impact polystyrene CFR China and CFR Southeast Asia markers at $1,180/mt and $1,190/mt, respectively, July 30, both stable from the previous assessment. “I feel that overall demand is struggling. July orders were poor, and I’m not sure how August orders will fare yet. For now, HIPS sales are slightly better than GPPS,” a PS producer in Northeast Asia said. Other PS producers in the region also commented that competition is fierce, especially with Chinese producers offering competitive prices and squeezing market margins. The Chinese government announced July 25 that it has allocated Yuan 69 billion in its third batch of stimulus to support the country’s consumer goods trade-in...

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