Asian PS: Prices mixed as market weighs demand pick-up against lower feedstock / GPPS China prices rise $30/mt week over week / Kumho shuts HIPS line until mid-December

Nov 05, 2026

GPPS CFR China at $1,600/metric ton on Nov. 4, up $30/mt week over week, partially reflecting a higher trade at $1,640/mt heard earlier in the week. Elsewhere, a trade was heard in the CIF Southeast Asia market for 30 mt of GPPS at $1,650/mt. Buying interest was heard active during the week, according to regional market participants. "Still, the fundamental supply and demand situation has not changed," a China-based producer said. "Supply of HIPS feedstock is still tighter compared to GPPS, as the war has hit HIPS feedstock more intensely." HIPS CFR China at $1,650/mt on Nov. 4, steady week over week, reflecting a tradable indication heard at that level. EPS general grade down $30/mt week over week at $1,650/mt FOB Northeast Asia on Nov. 4, reflecting lower feedstock costs...

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