Wednesday, August 17, 2011

Contradictory movement in benzene, styrene margins in Europe amid weak styrene demand

Contradictory profit margins in benzene and styrene production chain has been seen in North West Europe, amid strong demand for benzene due to strong prompt demand for benzene supports prices, with baackwardation in the benzene market steepening as a result; and deteriorating styrene market where economic weakness is denting demand, as per Platts.

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