IHS Chemical Week

Economics :: Prices

Higher PP Prices May Usher in Better Times for Polystyrene

10:14 AM MDT | August 4, 2008 | Rebecca Coons

Sharply higher polypropylene (PP) raw material costs have driven up PP prices faster than prices for other resins, including polystyrene (PS), potentially opening the door for substitution of PP with PS in certain applications, market sources say. “Prices for all materials are at historically high levels, but polypropylene is definitely seeing a disproportional escalation in price compared to other resins and runs the risk of losing applications,” one producer says. U.S. contract prices for polymer-grade propylene increased 30% since the start of the...

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