New July prices for European PS cargos started to emerge towards the end of this week with recent offers indicating €60-80/ton reductions month over month. Players in the region were not surprised hearing lower PS offers as styrene monomer contracts were settled down €85/ton earlier this week amidst expectations for drops between €60-100/ton...
PP 2 Jul - PP buyers expect further reductions in SEA
PVC 1 Jul - Chinese cargoes unable to compete in SEA
PE 2 Jul - PE buyers keeping to the sidelines in SEA
PS 26 Jun - PS sellers complain of muted demand in SEA
ABS 29 Jun - ABS prices seek direction amidst upstream volatility