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Egypt’s E-Styrenics issues April GPPS prices

by ChemOrbis Editorial Team -
  • 15/04/2015 (17:43)
Egypt’s local GPPS producer E-Styrenics revealed their new April prices with a delay this month. The producer issued increases of $300-350/ton from their March levels, according to a company source, at $1580/ton on an ex-works Dekhelia, Egypt, cash basis.

“The producer delivers in limited amounts to the local market while they are not thinking about engaging in export activities this month as they are still meeting their old March export commitments. Meanwhile, the increases on April prices are due to the firmer upstream costs in Europe, where they procure styrene from,” added the source. April styrene contracts settled with €300/ton increases from March in Europe.
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