Thursday, March 11, 2010

Firm increase in March PS offers in Europe

With an increase in styrene contract prices in March vs February contract level, PS hikes between €50-55/ton have emerged in the Italian market March. As per Chemorbis, the monthly monomer contracts wwere settled with a €42/ton (US$57/ton) increase for March, regaining the €13/ton loss posted in the February styrene contracts.

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