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E-Styrenics keeps March GPPS prices steady

by ChemOrbis Editorial Team -
  • 03/03/2016 (16:21)
Egypt’s local PS producer E-Styrenics kept their March GPPS injection prices unchanged from February at $1250-1300/ton on an ex-works Dekheila, cash basis. A source from the producer pointed to firmer styrene costs as the reason for their unchanged levels despite weak demand.

However, these prices continue to be notional as the producer’s plant is still shut and they have no immediate plans of a restart.

“We see very thin demand towards our cargoes as players can find more competitive levels in the market,” added the source.
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