More double-digit increases may be on the horizon for North American polystyrene pricing.
In Polymer Points Live, Frank Esposito said market sources are talking about increases of more than 20 cents per pound in July.
He explained the impact of high gasoline demand on PS, polypropylene and other materials, and talked about factors impacting PET pricing, including seasonal demand, recycling and new capacity in Corpus Christi, Texas.