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Asian PS: Prices stable on unchanged fundamentals / Stable to weaker prices in China / PS fundamentals steady since Feb: source

Asian PS: Prices stable on unchanged fundamentals / Stable to weaker prices in China / PS fundamentals steady since Feb: source

Feb 20, 2025

General-purpose polystyrene CFR Chinaat $1,200/mt Feb. 19, unchanged from Feb. 12, amid thin spotdiscussions as market participants continued monitoring fromthe sidelines. The CFR China-CFR Southeast Asia spread wasstable at minus $10/mt.The general-purpose PS, high-impact PS and expanded PSprices in East China were stable to weaker, with GPPS prices atYuan 9,100-9,200/mt, HIPS prices at Yuan 9,700-10,200/mt andEPS GP at Yuan 9,850-10,000/mt. HIPS CFR China stable from Feb. 12 at $1,305/mt Feb. 19, with the CFR China-to-CFR Southeast Asia spreadstable at minus $10/mt. EPS general grade stable week over week at$1,230/mt FOB Northeast Asia Feb. 19, below an offer heard at$1,280/mt FOB China.The fire-retardant grade of EPS was assessed stable weekover week at $1,300/mt, maintaining a spread of $70/mt againstthe general grade. "Since February, fundamentals have not changed much.Chemical plants are reluctant...

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