Total PS production in Q1 was on the level of same period 2009 (about 66 kt).
As in other polymers’ markets, PS exports in 2009 went up by 32%. However,
in 2010 exports were seriously reduced and by Q1 results formed 115 kt. In
the figure went down to 1,6 kt, due to reduction of suppliese into China and
Turkey.
Still weak demand for polystyrene in the domestic market has held the
increase of imports which was given green light by Common Customs Tariff (see mrcplast.com from January 15). So, feedstocks from
foreign producers in Q1 2010 have certainly increased comparing with same
period in 2009 (47% to 30 kt). However, it is almost 40% lower than
Q4 2009 figures.
mrcplast.com
More detailed event analysis, and PS market development forecast can be found
in MRC Annual reports. |