Soroush Plastic Sepahan03138552585

Crisis in the polystyrene market on the eve of Ramadan

Every year we see one or more polymeric and chemical substances in crisis. If in 1397 the country was facing a PET crisis, which we called the PET temptation, and later caused many to be arrested and tried for buying and selling this polymeric material outside the network, or in 1398, diethyl hexanol and consequently oil. DOP competed up to 113% in the commodity exchange, or last year, that is, in 1399, we started the year with a serious crisis in PVC and continued with the crisis in polypropylene. This year should probably be the year of crisis in polystyrene. Let's call. At least the evidence so far tells us that polystyrene has been severely under-supplied this year and in April, resulting in price imbalances.

This shortage of polystyrene, which is the raw material for the production of disposable tableware, is especially evident on the eve of the holy month of Ramadan, which is one of the months when plastic disposable tableware is most in real demand in the market. Reminds of the supply of this product.

It seems that the reduction of profit margin between styrene monomer and polystyrene on the one hand, the abuse of the existing conditions by traders on the other hand and the insufficient supply of this feed for polystyrene production, has caused a lot of pressure on the market supply, and Production units have faced widespread obstacles to the production of polystyrene.

Styrene monomer in the commodity exchange is offered only by Pars Petrochemical, which unfortunately in 1400 and in the first two weeks of April, we did not see any supply from this petrochemical, which in itself has reduced the raw materials for the production of polystyrene. Stock market statistics show that the supply of Pars Petrochemical has been very limited compared to last year in the third week of April, and many producers of this polymeric material have not succeeded in competing to store Pars styrene monomer shipments. As a result, these units will not be able to produce anything for the coming week, which is also the first week of Ramadan, and strengthen the supply side of polystyrene, while traditionally strengthening the demand side on the occasion of Ramadan. This means increasing the price of this raw material for the production of disposable polymer containers.