Tuesday, October 19, 2010

Firming trend maintained in global polystyrene markets

Polystyrene prices continued with their firm trend in global markets including China, Southeast Asia, Turkey and Egypt, as per Chemorbis. Offers have been supported by strong upstream costs, as oil hoovers around US$80/bbl threshold and styrene costs recorded over US$50/ton increases since the start of the month to stand at US$1275/ton on FOB Korea basis.

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