Ineos Styrolution and Trinseo announce Dec PS, ABS offers in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to a statement on the company’s website, Ineos Styrolution announced its ABS and PS prices for December with respective decreases of €100/ton ($114/ton with the recent parity) and €105/ton ($119/ton) valid as of December 1.
Trinseo also revealed its December PS offers with decreases of €120/ton ($136/ton) effective as of December 1, according to a statement on the company’s website.
This has been the second consecutive month that both producers applied smaller decreases than the monthly styrene drop. December styrene contracts fully settled down €150/ton ($170/ton) at €990/ton ($1125/ton) on Monday.
In Europe, butadiene contracts settled down €150/ton ($170/ton) at €925/ton ($1051/ton with recent parity) FD NWE, while monthly benzene contracts were also agreed sharply down by €151/ton ($171/ton) €542/ton ($616/ton) with the same terms.
Trinseo also revealed its December PS offers with decreases of €120/ton ($136/ton) effective as of December 1, according to a statement on the company’s website.
This has been the second consecutive month that both producers applied smaller decreases than the monthly styrene drop. December styrene contracts fully settled down €150/ton ($170/ton) at €990/ton ($1125/ton) on Monday.
In Europe, butadiene contracts settled down €150/ton ($170/ton) at €925/ton ($1051/ton with recent parity) FD NWE, while monthly benzene contracts were also agreed sharply down by €151/ton ($171/ton) €542/ton ($616/ton) with the same terms.
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