Tuesday, August 30, 2011

September outlook for polystyrene falters in Europe

August styrene contracts settled with an average increase of €125/ton in Europe, pushing regional sellers to seek sizeable increases in PS prices, as per Chemorbis. A major producer claims to have achhieved initial hike targets of €100-120/ton in settlements for their gentlemen's agreements in Italy, while buyers continue to wait to close deals on hopes of paying relatively smaller increases.

For more details on September outlook for polystyrene falters in Europe click here

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