Asian PS: Prices mixed amid cautious buying sentiment / Styrene exports from China quadruple yearly / Kumho plans HIPS line shutdown in October

Sep 26, 2026

GPPS CFR China at $1,440/metric ton on Sept. 23, down $19/mt week over week. A trade was heard in the CFR China market for 150-200 tons of GPPS at $1,440/mt. “This week, both styrene and crude oil prices have fallen, so customers are more cautious,” a Northeast Asia- based producer said. Upstream, styrene monomer CFR China and FOB Korea at $1,285.50/mt and $1,325.50/mt on Sept. 23, down $10.50/mt day over day. In crude, the front-month ICE November Brent futures contract shed $1.89/barrel to $99.82/b on Sept. 23 as of the Asian close at 4:30 pm Singapore time. “Still, some offers continue to increase this week,” a Chinabased buyer said, adding that they were choosing to wait and see. “Freight costs have also increased outrageously recently,” a China-based producer said, noting...

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