So far in August xxxx, the U.S. Polystyrene market has seen a downward price trajectory, reflecting broader market dynamics and supply-demand imbalances. The price for the general-purpose grade as of the third week of this month stood at USD x,xxx per metric ton on FAS – Houston basis, marking a slight decline of xx from the previous week. This nominal reduction follows a more significant drop of x.xxx in the first week, indicating changing market conditions that have affected overall Polystyrene pricing up until now.
The Polystyrene market saw static prices in the preceding month, but from the beginning of this month, there was a significant decline of around xx. This decline is part of a wider trend seen in the North American market, driven by an excess availability of Polystyrene and reduced demand conditions. The current price decline can be attributed to the seasonal...
