Expanded Polystyrene Prices, News, Market Analysis | ChemAnalyst

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Expanded Polystyrene Prices Overview
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Market Overview Quarterly Update on Global
Expanded Polystyrene (EPS)   Asia  Chinas
export EPS supply was tightened after a
short-term shutdown was announce at a
manufacturing unit in South China, Domestic
supply in China was also on the tighter end due
to permanent closures of some plants in East
China. Get more info https//www.chemanalyst.co
m/Pricing-data/expanded-polystyrene-65
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Expanded Polystyrene Prices Overview
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www.chemanalyst.com/
However, supply levels in other Asian countries
remained stable due to unchanged manufacturing
activities. Increased construction activities in
Japan, Malaysia and Indonesia were indicative of
pent-up demand for the product which is expected
to march higher moving into Q4.  Also, the
much-awaited revival of automotive industry,
triggered an upsurge in the demand across the
Indian and Chinese markets. Buying interest in
Malaysia was relatively strong on some recovery
observed in the construction sector. In India,
FOB price of Expanded Polystyrene was averaged
around USD 1350 per tonne during the third
quarter, resisting any further upward movement
since Q2 2020. North America   With one producer
facing production issue, supplies started to
tighten towards the end of Q3, thereby hampering
regional availability. Apart from that,
availability of EPS in North America remained
sufficient to meet the market needs. Demand
picked up in Q3, sufficient to pull over the
supply side. Owning to long delivery time,
interest in imports thinned during the quarter.
On spec demand showed a sharp recovery to
pre-covid levels in Q3 due to ease in
Covid-related restrictions on economic activity.
Strong growth seen in the residential
construction, majorly in the sub urban areas and
from food packaging sector helped producers in
fetching marked gains.   Europe   Maintenance of
high stocks and ample inventories kept the EPS
supply relatively balance throughout the third
quarter, when demand was showing gradual
improvement. However, for a relatively short
span, supply tightness was observed in August due
to lower output levels maintained during majority
of Q2. Also, import volumes dropped much lower
than usual with pricing largely non-competitive.
Regional traders observed stronger demand from
white goods packaging, particularly in July and
September. However, construction demand remained
soft, with the industry still grappling with the
pandemic impact amid fears of second wave of
infections pressuring the overall activity.
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Expanded Polystyrene Prices Overview
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• How we can help
• ChemAnalyst addresses the key problematic areas
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  material availability, supply chain
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• Methodology
• ChemAnalyst gathers information through primary
  research surveys conducted with various Expanded
  Polystyrene manufacturers, spread across
  the domestic and international markets, suppliers
  and dealers/distributors to gain insights
  into value-chains and demand-supply scenario to
  assess the market situation. Thorough study of
  the companys annual reports and secondary
  sources such as exhaustive search on credible
  paid databases, including our internal database
  is done to verify the information. All the
  collected information is analyzed, evaluated and
  presented in chronological order to depict a
  meaningful and clear picture of the concerned
  market.
•  
• Our dedicated team of industry experts
  comprehensively monitors and analyzes various
  aspects of the Global Expanded Polystyrene
  market. The team analyzes various industrial
  segments, strategic viewpoints and provides an
  analysis of the industrys performance in the
  long run. This would enable our clients in
  efficiently plan their future investments,
  mitigate risk, understand the cost dynamics and
  strike out a balance amidst market volatility.
•  
• Critical examination of the impact of COVID-19
  pandemic on the global supply chains and shift in
  demand patterns with change in buying behavior of
  consumers across the globe.
•  

4
Expanded Polystyrene Prices Overview
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www.chemanalyst.com/

• Several ongoing development projects across
  industries are tracked, followed by the details
  of major projects in the development stage, which
  can positively or negatively influence Global
  Expanded Polystyrene market.
•  
• Pricing is captured through exhaustive primary
  interviews with domestic and international
  manufacturers, traders and importers and
  customers on monthly and yearly basis.
•  
• Finally, region-specific markets for Expanded
  Polystyrene are analyzed and region-wise demand
  pattern is tracked.
• About
• Expanded Polystyrene (EPS) is a lightweight rigid
  plastic in cellular form of Polystyrene. EPS is
  produced in a wide range of densities providing
  versatile physical properties. EPS is commonly
  used in form of a foam. The term Styrofoam is
  often used to denote the EPS foam. It is
  generally made through thermal extrusion of
  polystyrene. Due to its good thermal insulation,
  high compressive strength, shock absorbing
  properties, very low weight and resistance to
  moisture, it is widely used in construction and
  packaging applications. In construction, large
  quantities are used to make insulation foam in
  wall cavity, floor and roofs. In packaging, its
  great shock absorbant properties make it suitable
  for packaging delicate items.  Other applications
  include seed tray in horticulture, safety
  helmets, etc. Expandable polystyrene (EPS) is
  produced via a suspension process in the presence
  of a blowing agent (usually pentane) which
  facilitates the conversion of resin to foam
  during molding. The manufacturing process may be
  either a single step or a two-step process. The
  two-step process involves the passage of the
  blowing agent through the polystyrene beads
  during, or post polymerization which are then
  subjected to steam heating above their glass
  transition temperature. The one step process
  involves thermal extrusion of the material after
  blowing and is mostly used for manufacturing EPS
  sheets and films.