Plastics pricing: What a way to start the New Year, with PS and PE prices up

01/11/2011

Just check the current poll at Plasticstoday.com and you can see that plastics pricing is near the top of processors' concerns, along with pricing pressure from customers -and that second concern often stems from customers' reluctance to pick up the tab for increases in plastics prices. Maybe the worries are justified, based on the first week of 2011, which saw prices increase for two of the largest volume plastics.

Relentless increases on Asian styrene put pressure on global polystyrene (PS) markets, according to plastics pricing service ChemOrbis (Istanbul, Turkey), which shared its insights with Plasticstoday.com. According to the service's stringers, Asian styrene prices continued their upward trend in 2011 as they gained $45/ton when compared to the last working day of 2010....
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