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Ineos Styrolution announces August PS, ABS offers

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/08/2017 (12:28)
According to a statement on the company’s website, Ineos Styrolution announced its PS and ABS prices for August with rollovers valid as of August 1. The producer maintained its prices for PS and ABS despite lower styrene and butadiene contract settlements in an attempt to recover their margins.

August styrene contracts were settled €30/ton down at €1170/ton FOB NWE while butadiene settled at €750/ton FD NWE, down €75/ton from July. Meanwhile, spot styrene prices have surged around $170/ton this week to move above the $1300/ton threshold on supply concerns.
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