The hottest seasonal demand is weak, and European

2022-09-19
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Seasonal demand is weak, European PS plastic enterprises still improve

PS plastic has the characteristics of high strength, fatigue resistance, size stability and so on. In recent years, it has developed rapidly, and its application fields are becoming wider and wider. It was reported on Tuesday that despite the seasonal demand weakness, European PS manufacturers still plan to increase their profits in December. Producers tried to increase their profits by 20 euros/ton in November, but it was difficult to achieve due to the lower price of upstream raw materials and the poor demand outlook in December. Styresolution said it would raise the price of general purpose polystyrene (GPPS) by 30 euros per ton (41 dollars per ton) in December, adding that the price of high impact polystyrene (HIPS) would be 105 dollars per ton higher than that of general purpose polystyrene. So far, manufacturers pay more attention to quality than quantity. The important properties of PS, such as surface gloss, impact resistance, stress fracture resistance or fluidity, are constantly optimized to meet the needs of more applications. But in order to meet rising global demand, capacity must be increased again. It is estimated that by 2020, the global PS capacity will increase by 700000 tons, and 90% of the new capacity will come from the Asia Pacific region. According to Platts' energy information data, the ABS contract price in November was 1, 783 euros/ton FD northwest Europe, a decrease of euros/ton compared with October. Styron Europe plans to raise the price of all levels of PS and copolymers ● high-precision low-noise ball screws in euros/ton, effective immediately. Stallone said its goal was to raise the price of PS at all levels by 20 euros/ton, and that of ABS and styrene acrylonitrile resin by 30 euros/ton. Carbon fiber composite has become a material with great development potential for light structural parts in the automotive industry because of its light weight and high strength. On Monday, the contract price of styrene barge in Europe in December was 1375 euros/ton FOB Europe ara three ports, an increase of 10 euros/ton compared with November. According to Platts energy, the contract price of general polystyrene fell by EUR/ton in November, with a net price of EUR 1, 565/ton FD in northwest Europe. The price of expandable polystyrene (EPS) is 1, 585 euros/ton FD northwest Europe. Like the commercial hydroponic planting mat 1, in the next eight years, all application fields of PS will develop at a similar growth rate. According to ceresana's prediction, the annual growth rate of the electronic and electrical field is the highest, with an average of 2.8%. By 2020, the demand for PS in the electronic and electrical industry will account for about 1/3 of the total global demand, followed by the packaging industry

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