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May styrene contract settles in Europe

by ChemOrbis Editorial Team -
  • 02/05/2016 (17:55)
An initial May styrene contract has been settled in Europe, according to a source from a West European producer. The new contract level was settled with rollovers from April at €1120/ton ($1288/ton) FOB NWE.

Prior to styrene, an initial benzene contract was agreed at €599/ton ($686/ton with recent parity) FD NWE. The latest level indicated decreases of €12/ton ($14/ton) and €17/ton ($19/ton) with respect to April, when two different contrat settlements were reported.
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