Home Latest News & Insights INEOS ADJUSTS POLYSTYRENE PRICES IN JULY

INEOS ADJUSTS POLYSTYRENE PRICES IN JULY

July 10, 2023
price decreases

INEOS adjusts polystyrene prices in July. INEOS Styrolution, a major supplier in the global styrenics market, has announced significant price adjustments for its Polystyrene (GPPS, bulk) and High Impact Polystyrene (HIPS).

Effective from July 1st, 2023, the Gross Market Price for GPPS has decreased by €70 per metric tonne (MT), a change from its June 2023 price.

Simultaneously, the company stated that the surcharge for HIPS is now €110€/MT.

The pricing adjustments come in response to developments in raw material costs amidst prevailing weak market conditions.

Polystyrene (PS), a versatile plastic, actively contributes to the manufacturing of a broad range of consumer products due to its lightweight, rigid, and insulative properties.

%d bloggers like this: