Wednesday, May 25, 2011

Styrene prices decline in Europe as well as Asia

Styrene costs are considerably softer in Europe as well as Asia amidst volatile crude prices trading mostly below US$100/bbl since the beginning of May, as per Chemorbis. Spot styrene prices in Europee shed US$60/ton (€42/ton) this week, and US$115/ton (€80/ton) on FOB NWE basis since the beginning of the month.

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