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In North America, the Polystyrene Pricing remained firm during Q3 backed by the hike in the prices of feedstock Styrene and Benzene. However, increment in the values of Polystyrene was marginal as the demand for other versatile products outpaced the demand for Polystyrene in the regional market. In August, many manufacturers in the Gulf Coast of USA were compelled to shut their production plants as a repercussion of the Ida hurricane. For instance, AmSty imposed a turnaround at its Styrene production plant having capacity of 950 KTPA.
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High Density Polyethylene (HDPE) Price Trend and Forecast The overall domestic market outlook of High Density Polyethylene (HDPE) Pricestrengthened in the North American region during the third quarter of 2021. The upward trajectory in spot export prices seemed to have continued in the 3rd quarter with supply side constraints unresolved. There was a sudden surge in the HDPE contracts for the last week of August as Hurricane Ida caused force majeures among the Texas manufacturers. Spot prices of HDPE Injection molding and Blow molding Grade stood at 1795 USD/MT FOB Texas and 1890 USD/ MT FOB Texas respectively during the month of September.
Polystyrene Pricing Trend and Forecast In North America, the Polystyrene Pricing remained firm during Q3 backed by the hike in the prices of feedstock Styrene and Benzene. However, increment in the values of Polystyrene was marginal as the demand for other versatile products outpaced the demand for Polystyrene in the regional market. In August, many manufacturers in the Gulf Coast of USA were compelled to shut their production plants as a repercussion of the Ida hurricane. For instance, AmSty imposed a turnaround at its Styrene production plant having capacity of 950 KTPA.
Ethanol Price Trend and Forecast The Ethanol Pricerose significantly in the market of North America in Q3 2021. Limited supply of feedstock, logistics issues The Ethanol Pricesrose significantly in the market of North America in Q3 2021. Limited supply of feedstock, logistics issues
Hydrogen Price Trend and Forecast The North American Hydrogen market showcased mixed sentiments in during Q3 2021. Uncertainty in the domestic market continued to weigh over the demand fundamentals, causing severe price fluctuations across the US region. As natural gas futures continued to stay bullish, producers seemed compelled to plan out operational cuts.hydrogen priceremained firm in the third quarter mirroring the previous quarter. The prices of grey and brown hydrogen also witnessed a spike on the back of volatility in the natural gas as well as tightness in the coal market in Q3 2021.