Ineos Styrolution announces Nov PS, ABS offers
by ChemOrbis Editorial Team - content@chemorbis.com
According to a statement on the company’s website, Ineos Styrolution announced its PS and ABS prices for November with decreases in line with the lower feedstock settlements.
Accordingly, the producer has issued €60/ton decreases for ABS while applying €70/ton decreases for their GPPS and HIPS prices.
Styrene barge contracts settled with a €90/ton decrease at €1160/ton whereas butadiene contracts were agreed down €100/ton from October at €800/ton FD NWE. In Europe, spot ACN prices were last reported at $1860/ton CIF NWE, meanwhile. This level indicates a cumulative increase of around $130-135/ton since early October.
Accordingly, the producer has issued €60/ton decreases for ABS while applying €70/ton decreases for their GPPS and HIPS prices.
Styrene barge contracts settled with a €90/ton decrease at €1160/ton whereas butadiene contracts were agreed down €100/ton from October at €800/ton FD NWE. In Europe, spot ACN prices were last reported at $1860/ton CIF NWE, meanwhile. This level indicates a cumulative increase of around $130-135/ton since early October.
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