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LATEST NEWS: September styrene contract settles in Europe

by ChemOrbis Editorial Team -
  • 02/09/2019 (16:36)
Market sources reported that September styrene contracts have settled in Europe. The new settlement has been agreed at €1086/ton ($1190/ton with the recent parity), up by €59/ton ($65/ton) from August.

The latest settlement met earlier expectations and marked the second consecutive monthly hike in styrene contracts.

According to ChemOrbis Price Wizard, spot styrene prices on an FOB NWE basis stand $15/ton (€14/ton) above early August levels at $965/ton (€880/ton) on a weekly average.

Upstream, September benzene contracts settled up by €83/ton ($91/ton) from August.
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