The Polystyrene market in Europe remained average during the third week of June 2025. While Germany experienced a downward price trend, the Turkish market saw stability with no price change.
In Germany, Polystyrene prices declined by 1.2% during the third week of June, after a slight drop in the previous week. This consistent decline highlights the prevailing weakness in market fundamentals. According to the market analysis team at ChemAnalyst, the European Polystyrene market reflected overall price stability on a broader scale, but localized price pressures continued. Although contract prices had dropped slightly from the previous month, demand remained unchanged, and the market was well supplied. Moreover, derivative Expanded Polystyrene (EPS) manufacturers noted that there were no supply-side constraints, with sufficient volumes being available across the region.
Seasonal developments such as a rise in construction permits were observed, yet they had not resulted in higher demand. There was no significant year-on-year growth in EPS usage from the construction industry. Traders stated that manufacturers were willing to provide additional discounts for orders exceeding contract volumes. However, buyers mostly refrained from increasing their inventory levels, citing low end-user demand and no signs of recovery in the near term. This ongoing lack of momentum in downstream usage enabled buyers to negotiate for better prices. They also indicated that despite the growth in freight charges, imported Polystyrene from Asia and the Mediterranean remained commercially attractive. The significant price gap between regional markets has continued to support import activity, as domestic producers face pressure amid slow local demand.
In Turkey, Polystyrene prices remained flat for the third consecutive week, with prices unchanged through 21st June 2025. An industry source confirmed that spot prices remained stable due to minimal trading activity. Turkish-origin material continued to attract European buyers due to cost advantages, although actual transactions stayed limited. Companies reported that demand remained steady, and market availability was sufficient. In the white goods industry, there were no notable changes in demand for packaging-grade Polystyrene. High interest rates also influenced buyer behaviour, as many market participants focused on conserving cash rather than initiating new purchases.
Overall, the Polystyrene market in Europe during mid-June 2025 reflected weak sentiment in Germany and stable pricing in Turkey. Competitive offshore supplies and a lack of downstream recovery continue to prevent domestic producers from pushing for higher prices. Unless macroeconomic or sector-specific demand shifts occur, the Polystyrene market is likely to remain relatively steady, with localized softness in the near term.
