Polystyrene Price Outlook | Q4 2023
Check global Polystyrene prices, from Q3 2023 to Q4 2023.
When it comes to Polystyrene pricing data, the chart above presents prices in Q4 2023, in different locations worldwide.
The table below shows quarterly Polystyrene prices, in USD per metric ton.
And this table presents how Polystyrene prices varied, on a year-over-year basis and on a quarter-over-quarter basis.
Polystyrene (GPPS), US (United States). The price of Polystyrene (GPPS, United States) decreased during Q4 2023 to 1,430 USD per metric ton, which represents a slight decline of 3.4% compared to the previous quarter’s value. On a year-over-year basis, prices of Polystyrene (GPPS, United States) decreased by 20%.
Polystyrene (GPPS), CN (China). In Q4 2023, The price of Polystyrene (GPPS, China) witnessed a rise of 51 USD per metric ton when compared against the previous quarter’s price, to 1,140 USD per metric ton. The Q4 2023 price is 2.4% lower than the price one year before.
Polystyrene (EPS), US (United States). Prices of Polystyrene (EPS, United States) rose throughout Q4 2023, reaching 2,010 USD per metric ton. The current price is 5.6% higher than the average price in the last quarter and 20% lower than the average price one year ago.
Polystyrene (EPS), CN (China). Prices of Polystyrene (EPS, China) increased modestly during Q4 2023, reaching 1,400 USD per metric ton, which means a rise of 1.9% from the previous quarter’s price and a decline of 6.9% from the previous year’s price.
Polystyrene (Scrap), EUR (Europe). In the quarter examined, the price of Polystyrene (Scrap, Europe) experienced a significant rise of 60 USD per metric ton from the previous quarter’s price, to 444 USD per metric ton. Such price movement meant a rise of 16% on a quarterly basis and a decrease of 12% on a yearly basis.
Polystyrene (Scrap), NEA (Northeast Asia). The average price of Polystyrene (Scrap, Northeast Asia) was 439 USD per metric ton in Q4 2023 — a little increase of 4.4 USD per metric ton, or 1%, compared with the previous quarter. On a year-over-year basis, the current Polystyreneprice in Polystyrene (Scrap), NEAis 0.25% lower than the price one year before.
Polystyrene (GPPS), EUR (Europe). The average price of Polystyrene (GPPS, Europe) amounted to 1,660 USD per metric ton in Q4 2023, from 1,790 USD per metric ton one year earlier. On a quarter-over-quarter basis, the current Polystyreneprice in Polystyrene (GPPS), EURis 0.68% higher than the price one quarter before.
For further information, including:
- Latest prices, on a quarterly basis
- Historical pricing data since 2007
- Prices of other commodities from Polymers industry
Check below:
▶ https://www.intratec.us/chemical-markets/polystyrene-price
Wouldn’t be great to have access to the latest prices of a huge database, covering 200+ commodities?
Click below and benefit from this offer:
▶ https://www.intratec.us/products/primary-commodity-prices
A Little Bit About Polystyrene
Polystyrene (a.k.a. PS, Thermocol), a thermoplastic polymer with a high molecular weight, is manufactured from the styrene monomer. This material, commonly referred to as PS, exhibits characteristics of hardness, rigidity, and exceptional transparency, accompanied by commendable chemical resistance. Due to its versatility, polystyrene finds extensive application and ranks among the most widely produced polymers globally. The prevailing form of commercialized polystyrene is known as General Purpose Polystyrene (GPPS), though it is also available as Expandable Polystyrene (EPS) and High Impact Polystyrene (HIPS). Scrap polystyrene also has its value on the market. Additionally, the polymer lends itself to easy processing through techniques such as injection molding, extrusion, and thermoforming.The styrene can be polymerized to Polystyrene by anionic, cationic, free-radical, and Ziegler-Natta mechanisms, however most industrial production of Polystyrene is based on free-radical polymerization due to simpler process configuration (less/no requirements in terms of monomer purification and initiator residues removal). In fact, while styrene itself can form polymerization-initiating radicals, radical-forming initiators do not necessarily have to be used for styrene polymerization.
The storage and transportation of Polystyrene does not pose problems, as there are no specific regulatory issues regarding its transport. This polymer can be transported in paper or polyethylene bags, in cardboard containers, in silo vehicles, or in containers. In the case of Expandable Polystyrene (EPS), the storage should be made in a well-ventilated place, since pentane can naturally evolve from EPS as a gas into the atmosphere and is flammable at low concentrations (1.3% volume in air).
Polystyrene, in its various grades, finds versatile applications across different industries owing to its distinct properties. General Purpose Polystyrene (GPPS) is commonly employed in a wide range of consumer goods, packaging, and disposable items. High Impact Polystyrene (HIPS) is a preferred choice for applications demanding durability, such as electronic housings, toys, and automotive components. Lastly, Expandable Polystyrene (EPS) is widely utilized in the construction and packaging industries for its lightweight and excellent insulation properties; its ability to be molded into various shapes makes it a popular choice for packaging materials and insulating materials in construction. The diverse grades of Polystyrene cater to specific needs, making it a versatile polymer in meeting a variety of functional requirements across sectors. This commodity can be used in the manufacture of derivatives, such as: sodium polystyrene sulfonate.
About Intratec Solutions LLC
Intratec is a leading B2B provider of commodity strategic data and analyses. We are an online business whose mission is to provide reliable information about commodities, empowering companies to make accurate, high value-added decisions.
For more information, visit www.intratec.us
