Monday, February 15, 2010

West European PS falls from initial levels in Turkey

Turkish players reported deal conclusion for West European origin PS this week, revealing a rollover from the January prices, despite a €30-50/ton raise in initial February offers. As per Chemorbis, tthe price hikes for February were in line with announcements from Europe where producers were asking for higher prices to restore their margins after the styrene contracts settled lower by around €13/ton.

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