Imports of styrene in the European Union decreased in November 2016 by 63% compared with the same month of the previous year -. To 21.41 thousand tons, ICIS reported, citing data from the statistical agency Eurostat.

In November 2015, this figure stood at 57.87 ths. Tons.

Limited supply of material in the US market led to a reduction in styrene exports from the region to Europe in the fourth quarter of last year, while prices increased in Asia attracted material supply volumes in this region to other world markets.

This trend is reflected in the increased exports of styrene in Europe in November 2016. Thus, the export of material for the reporting month amounted to 59.24 ths. Tons, which is 150.3% higher than in November 2015, when exports stood at 23.67 ths. Tons. Thus, the figure of the November styrene exports was the highest in Europe in the past year.

Styrene is the main raw materials for the production of polystyrene (PS).

According ScanPlast MRC, PS imports to Russia grew for the first eleven months of last year. In January – November, imports of general purpose polystyrene (PSS / M) and high impact polystyrene (HIPS / M) in Russia grew by 23% and reached 43.75 thousand tons..