01 February 2011 14:44 [Source: ICIS news]
The buyer added: “The spread between benzene and styrene is only approximately $100/tonne, which is below the level for producers to make positive margins, but spot styrene appears plentiful so spot pricing reflects this.”
February spot styrene levels were at $1,460-1,480/tonne FOB (free on board) Rotterdam this afternoon.
The styrene price was agreed on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.73)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|