It said that the United States of polystyrene contract prices will rise in April, because the contract price of raw materials is expected to rise in April.
In April, US polystyrene offer $2.56/ gallon in US Gulf Coast, the price is higher compared to March. The reporter said that in April, PS contract price is likely to rise at least 3 cents/ lb, perhaps as high as 5 cents.
According to market feedback, polystyrene contract price rose 10 cents/ gallon, which is equivalent to which PS contract prices need to rise 1 cent/ pound, so PS producers to ensure their preservation.
Since last July, the United States has not yet appeared PS contract price rise.
PS demand relatively strong and supply is relatively tight except higher material costs. The condition is also a favorable factor supporting prices.
PS colorless and transparent, which can be freely colored, which is second only to the relative density of PP and PE and have excellent electrical properties and particularly good high frequency characteristics. Further, it is also second to the methacrylic resin in light stability, but the anti-radiation capacity of all plastics is strongest. The most important feature of polystyrene thermal stability and liquidity melting is very good. So it is easy to mold, especially injection molding, which is suitable for mass production.