02 February 2011 12:03 [Source: ICIS news]
LONDON (ICIS)--A third European February styrene barge contract has been agreed between one pair of settlers at €1,310/tonne ($1,819/tonne), up €105/tonne from the previous month, the buyer involved said on Wednesday.
According to the buyer, the increase of €105/tonne was primarily driven by higher feedstock costs.
The settlement was made on a free delivered (FD) northwest Europe (NWE) basis.
Further confirmation from the seller was pending.
($1 = €0.72)
For more on styrene visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect
|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|
Asian Chemical Connections