22 April 2005 04:57 [Source: ICIS news]
SINGAPORE (CNI)--Japan's Idemitsu Co has settled its May styrene monomer (SM) contract price with its customers at $1,110/tonne CFR China, market sources told CNI.
The company was unable to reach an agreement with customers on April's contract price due to volatility in spot prices since the second half of March. Its March contract price was settled at $1,255/tonne CFR China.
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