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Russia faces acute shortage of PS in late August-early September 2019

September 04/2019

MOSCOW (MRC) -- There was an acute shortage of material in the Russian polystyrene (PS) market in late August-early September 2019, according to ICIS-MRC Price report.

A general purpose polystyrene (GPPS) producer reported converters" increasing complaints about the shortage of material.

A similar situation was seen in the  high impact polystyrene (HIPS) market. 

A major converters are in a better position, and they are usually provided with sufficient quantities of material.

At the same time, small- and medium-sized converters were forced to look for PS from other, larger market players.

The market is expected to return to a situation of the balanced supply and demand closer to mid-autumn. Penoplex and Gazprom neftekhim Salavat should return to the standard operational mode of PS production in September.

In addition, the plant"s sources told MRC on Monday Nizhnekamskneftekhim plans to operate its production capacities iin a standard mode in September.
Author:Margaret Volkova
Tags:PS, GPPS, HIPS, Gazprom neftekhim Salavat, Nizhnekamskneftekhim, Penoplex-Kirishy, Russia.
Category:General News
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