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European producers announce PS, ABS prices for Dec

by ChemOrbis Editorial Team - content@chemorbis.com
  • 02/12/2016 (20:52)
Following the settlements of monthly monomer contracts this week, major styrenics producers in Europe revealed their prices for December as of today.

Trinseo announced its new December PS and ABS prices with increases to Europe. The producer raised its prices by €170/ton ($180/ton) for GPPS and HIPS, and by €100/ton for ABS compared to the November levels, according to a statement on the company’s website. The company also applied €100/ton increases on their SAN prices.

According to a statement on the company’s website, Ineos Styrolution also increased its prices for December by €180/ton ($192/ton) for GPPS and HIPS with respect to November. The producer reportedly blamed higher monomer settlements for the large increase announced. The producer’s ABS prices, meanwhile, indicate a €110/ton ($117/ton) increase from last month.

The December styrene contract was settled with an increase of €170/ton ($180/ton) from November at €1195/ton ($1272/ton) FOB NWE as of December 1.
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