PS prices climb €90/mt in March, following a similar increase in raw material costs.
The price of general purpose polystyrene (GPPS) has increased once again above €2,000/mt for many buyers.
After the upward trend at the end of last year, market dynamics were supporting decreases.
A slodown in demand in some markets and an ease in production issues was driving the downside.
However, the onset of war tilted the outlook firmly to the upside as it led to a surge in oil and gas prices.
The forecast in April suggests prices will probably post much bigger increases than seen in March.