Second Europe July styrene barge CP settles at €1,124/t, down €99/t

01 July 2011 13:44  [Source: ICIS news]

LONDON (ICIS)--A second European July styrene barge contract has been confirmed at €1,124/tonne ($1,629/tonne), down €99/tonne from June, the buyer and seller involved said on Friday.

The second styrene barge contract price was agreed on a free on board (FOB) Amsterdam, Rotterdam, Antwerp (ARA) basis.

According to the seller, the reduction was in line with feedstock decreases this month as well as a weaker outlook for polystyrene demand.

($1 = €0.69)

For more on styrene visit ICIS chemical intelligence

By: Truong Mellor
+44 208 652 3214

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