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September styrene contract settles in Europe

by ChemOrbis Editorial Team -
  • 01/09/2015 (15:45)
According to market sources, September styrene contracts settled in Europe today. The new level stands at €1200/ton ($1344/ton with the recent parity) FOB NWE, a €100/ton ($112/ton) drop from the August settlement.

Prior to the settlement, the new benzene settlement for September was agreed with a decrease of €260/ton ($293/ton) from August at €519/ton ($585/ton) CIF ARA.

Spot styrene costs in the region were down by around $115/ton (€103/ton) on an FOB NWE basis during August.
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