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June styrene contracts finalized in Europe

by ChemOrbis Editorial Team -
  • 05/06/2017 (10:56)
According to market sources, June styrene contracts were finalized in Europe after it was initially agreed at a split settlement. The final contract was agreed at €1172.5/ton ($1311/ton) FD NWE by taking the average of the split settlements at €1165/ton and €1180/ton, up by €30/ton and €50/ton respectively last week. The final settlement indicates an increase of €42.5/ton ($48/ton) from May.

Meanwhile, spot styrene prices in Europe were last reported at $1115/ton FD NWE, down by $15 from a week earlier and down by $25/ton from a month earlier.
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