A source in the Gulf Cooperation Council (GCC) region reports that a South Asian producer has tabled an offer for General Purpose Polystyrene (GPPS) grade at approximately USD 1,140/mt on a CFR GCC Main Port basis, for shipments slated in September 2025. This pricing emerges at a time when regional buyers are closely evaluating supply options ahead of contracting season, comparing offers from South Asia, the Middle East and elsewhere, given ongoing feedstock cost pressures.
The quoted USD 1,140/mt rate reflects both shipping and logistical considerations, premium grade, and competitive displacement risk, especially for supplies moving into major GCC ports. Although the offer signals seller confidence, its uptake will depend on how it stacks against nearby supplier bids and whether buyers foresee any supply-chain tightness fluctuations in the weeks ahead. Local demand continues to be cautious, with many purchasers preferring validated offers and firm delivery assurances over speculative pricing, even as import flows and market fundamentals slowly morph.
