03 March 2011 16:41 [Source: ICIS news]
Despite a price rollover in the upstream March benzene contract, the €60/tonne increase in this month’s ethylene contract price and volatility in crude and energy futures kept upward pressure on the styrene market.
The second styrene barge contract price was agreed on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.72)
For more on benzene, styrene and ethylene, visit ICIS chemical intelligence
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