- Offers and trades at an identical level to last week- Stable upstream styrene monomer also available



Asian polystyrene fell $5-6/mt to steady in
the week ending March 3. Participants were anticipating economic stimulus by
the Chinese government. The "Two Sessions," meetings were scheduled
to begin March 4-5. During
the meetings, the Chinese leadership was set to announce policy direction for the first time
since the pandemic hit the country. "There haven't been specific mentions of any
stimulus," said a producer of high-impact
polystyrene and acrylonitrile-butadiene-styrene. "Demand for lukewarm. " A producer of expandable polystyrene said that
"our offers are maintained at the same levels." Styrene monomer upstream has been stable. " The CFR China styrene marker was stable at
$1,115.70/mt for the week ending February. 24, and $1,109.10/mt for the
week ending March 3.