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.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Turkey PP, PE markets propelled higher by shipping bottlenecks in Sept
- Are record-high PVC prices the new normal amid enduring pandemic?
- European PVC up for 16th month in Sept, prices touch new highs
- Egypt’s PP, PE markets rise on tightness in September
- Logistics snarls propel import PP, PE offers higher in Europe
- Import PVC prices near all-time highs in India, disparity with China/SEA grows
- PP, PE supplies rise in China; demand lags behind expectations despite peak season
- Stats: China’s July PE imports increase after 3 months of declines
- Will Asia’s PS markets follow ABS higher on cost support?
- Sept PET expectations diverge in shade of opposite factors in Europe
