Third Europe April styrene barge down €95/t following benzene drop

01 April 2011 17:02  [Source: ICIS news]

LONDON (ICIS)--A third European April styrene barge contract has been agreed at €1,264/tonne ($1,806/tonne), down €95/tonne from the previous month, the buyer and seller involved said on Friday.

A significant drop had been expected for styrene contracts this month following a €141/tonne decrease for benzene this month.

The settlement was made on a free delivered (FD) northwest Europe (NWE) basis.

($1 = €0.70)

For more on benzene and styrene visit ICIS chemical intelligence

By: Truong Mellor
+44 208 652 3214

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