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Ineos Styrolution announces PS prices for May

by ChemOrbis Editorial Team -
  • 03/05/2017 (14:14)
According to a statement on the company’s website, Ineos Styrolution announced its PS prices for May with decreases valid as of May 1, following the monthly styrene settlements in Europe.

The producer cut its new GPPS and HIPS by €175/ton ($191/ton) from its latest April levels in line with lower upstream costs.

The producer approached the market with smaller decreases than that of the decreases in monthly styrene contracts. May styrene contracts were fully settled with a hefty decrease of €245/ton ($267/ton) from April at €1130/ton ($1233/ton) FOB NWE as of yesterday.
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