Three foreign petrochemical companies increase PS price
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BASF has announced that it will increase the price of polystyrene products in Europe, raising the price by 100 euros per ton. Dow Chemical (EP&I) also decided to raise the price of epichlorohydrin starting from October 1st, raising prices in Europe by 80 EUR/t; in the Middle East, Africa, Latin America and the Indian sub-continent, raising prices by 150 USD/t. In addition, the price of allyl chloride in Europe is increased by 50 Euros/tonne. In another note, Dow Chemical will increase the price of glacial acrylic acid, butyl acrylate, ethyl acrylate, 2-ethylhexyl acrylate, and methyl acrylate products from October 1st, or according to the contract. Latin America rose by 260 U.S. dollars per ton, in the Pacific by 260 U.S. dollars per ton, Europe by 215 euros per ton, the Middle East and Africa by 260 U.S. dollars per ton, and the United States and Canada by 0.12 U.S. dollars per pound. From November 1st, the following products of Eastman Chemical in the United States began to raise prices globally with a price increase rate of US$0.12 per pound, in order to make up for the increase in production costs caused by rising prices of raw materials and energy. The price increase products include: Eastalloy brand polymer, Eastar brand copolyester, Eastar brand polyester, Eastman brand copolyester, Eastman brand polyester, DuraStar brand polymer, Provista brand copolymer.