Ineos Styrolution announces Oct ABS offers
by ChemOrbis Editorial Team - content@chemorbis.com
According to a statement on the company’s website, Ineos Styrolution announced its ABS prices for October with rollovers from September.
This came in line with the expectations suggesting that higher butadiene settlements for October and steep increases in the spot ACN markets will counterbalance the three-digit decreases in styrene contracts.
Styrene barge contracts for October were settled with a large decrease of €110/ton at €1250/ton whereas butadiene contracts were agreed up €125/ton from September at €900/ton FD NWE. October ACN contracts are awaited to be settled with increases given the latest spot gains, meanwhile.
This came in line with the expectations suggesting that higher butadiene settlements for October and steep increases in the spot ACN markets will counterbalance the three-digit decreases in styrene contracts.
Styrene barge contracts for October were settled with a large decrease of €110/ton at €1250/ton whereas butadiene contracts were agreed up €125/ton from September at €900/ton FD NWE. October ACN contracts are awaited to be settled with increases given the latest spot gains, meanwhile.
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