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The situation on pricing continues to be complicated.
The market for polymers continues to be complex as multiple factors act to greater, or lesser extent on pricing. The influence of a dramatic drop in SM pricing has caused subsequent deflation in styrene-based monomers, with the most significant changes affecting polystyrene and ABS. On the other hand, further increases in C2 and C3, buoyed by higher crude oil and Naphtha prices, have been diluted and for some polymer variants price concessions made as price resistance from polymer converters builds. As might be expected the more standard grades are least able to resist the pressure from buyers, with many more specialised grades still in short supply. Where the steadying in demand is not backed by any fall in input costs, the expectation is of a soft landing for prices, rather than a price crash, and firming crude oil prices go some way to support this position.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_btn title=”Download (PDF)” style=”flat” color=”green” i_icon_fontawesome=”fa fa-arrow-down” add_icon=”true” link=”url:https%3A%2F%2Fwww.plastribution.co.uk%2Fwp-content%2Fuploads%2F2021%2F07%2Fpla0501_july-price-know-how.pdf||target:%20_blank|”][mk_padding_divider size=”20″][/vc_column][/vc_row][vc_row fullwidth=”true”][vc_column][vc_raw_html]JTVCZGZsaXAlMjBpZCUzRCUyMjY1ODAlMjIlMjAlNUQlNUIlMkZkZmxpcCU1RA==[/vc_raw_html][/vc_column][/vc_row]