The Polystyrene market in the US was moderately fluctuating in November xxxx. General-Purpose Polystyrene (GPPS) grade prices on FAS-Houston basis showed fluctuations throughout the month, indicating the changes in market conditions. While prices moved within a limited range, the market remained balanced, supported by consistent supply and dynamics.
In the first week of November, Polystyrene prices for GPPS grade settled at USD x,xxx per MT, marginally lower than the last week of October by xx. The market entered a correction phase following the end-of-October inventory build-up. Feedstock styrene prices also experienced a notable decrease during the week, providing a manageable cost base for Polystyrene production, but this reduction in styrene costs was having minimal to no impact in polystyrene price movements in the subsequent weeks.
However, during the second week, Polystyrene prices increased notably for GPPS grade, up by almost x.xx from the...
