African
and Turkish polystyrene: Slowing market due to slowing demand-
The macroeconomic conditions in Turkey, North Africa and Turkey weigh-
Higher monomer price squeezes producer marginsDue
to limited buyer interest, the Turkish polystyrene marketplace was slow during
the seven days leading up to Jan. 11. The spot price of CFR Turkey
expandable polystyrene grade was unchanged at $1,490/mt. Sources said that
the endconsumer market has been affected by bearish macroeconomic conditions in
Turkey, North Africa, and high inflation. Producer margins were under
stress and many were looking for ways to increase their sales prices. The
European feedstock contract price in January was up Eur115/mt. Sources say
that buyers were not interested in higher prices.Weekly
Rationale African Polystyrene Weekly Rationale









The
spot price of CFR Turkey expandable polystyrene grade was unchanged at
$1,490/mt Jan. 11...