Third Europe March styrene barge CP agreed at €1,328/tonne
04 March 2011 11:34 [Source: ICIS news]
LONDON (ICIS)--A third European March styrene barge contract has been agreed at €1,328/tonne ($1,844/tonne), up €18/tonne from the previous month, the buyer and seller involved said on Friday.
According to the seller involved, the increase was driven by raw material costs for March, good demand and reduced imports into Europe.
The settlement was made on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.72)
For more on styrene visit ICIS chemical intelligence
By: Truong Mellor
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