The November contract price of polystyrene (PS) in the European market finally agreed to EUR40 per tonne higher than the level in October, sources told ICIS market.

Meanwhile, all of the market’s attention is already drawn for the future harmonization of styrene price for December delivery in connection with the talk about the fact that here the price increase could reach a three-digit number.

Some market players are very concerned that the increase of raw material quotations will be difficult to transfer to the PS market, taking into account the fact that in December, the demand usually decreases.

However, some manufacturers believe that the problems with such an increase in prices will not be, as this has already happened several times in previous years.

Others, however, market participants believe that the current low demand in the market, not only the SS, but also in the styrene market in general, can not give grounds for any increase in prices, not to mention the significant increase.