In January xxxx, the Expanded Polystyrene (EPS) market in the United States experienced notable fluctuations due to various market dynamics. Factors such as rising production costs, including increased feedstock prices and downstream demand played crucial roles in shaping the market scenario and influencing price trends.
By the last week of January, Expanded Polystyrene prices settled at USD x,xxx per metric ton for grey grade on DEL – Texas basis. Throughout the month, Expanded Polystyrene prices exhibited a mixed pattern. In the first week, prices increased by almost xx, indicating a positive start to the year. The second week saw prices remain stable, suggesting a temporary equilibrium between supply and demand. However, the third week introduced a slight downturn. This decline continued into the fourth week, where prices fell by xx, and further into the final week, with another marginal decrease of about x.xx. These fluctuations indicate the...
