06 January 2011 11:49 [Source: ICIS news]
The CRP was settled on a free carrier (FCA) Rotterdam basis.
The increase was widely expected, and in line with January barge settlements heard earlier this week. Despite a €149/tonne hike in the January benzene contract, upward movement for styrene was tempered by some ongoing length in the market.
Confirmation from other parties was pending.
($1 = €0.76)
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