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December styrene contracts settle in US

by ChemOrbis Editorial Team -
  • 09/01/2015 (12:03)
According to market sources, December styrene contracts have been settled in the US. The new contract stands at 62.75-68.75 cents/lb ($1383-1515/ton), down 8-10 cents/lb ($176-220/ton) from November. The new settlement represents the lowest contract settlement since June 2012.

Plunging energy markets and weaker spot benzene prices were cited as main reasons behind the decrease.
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