Monday, July 19, 2010

Polystyrene offers continue to retreat in Asia, Egypt

Since the beginning of the month, spot styrene prices in Asia have recorded decreases of around US$40/ton FOB Korea basis, as per Chemorbis. During the past week, styrene prices followed a volatile trrend in line with fluctuating oil prices – starting the week on a steady note, then moving lower as the week passed by, to finish the week US$15/ton lower than the prior week.

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