EPCA '11: First Europe October styrene agreed down by €85/tonne

02 October 2011 09:21  [Source: ICIS news]

BERLIN (ICIS)--The first October styrene barge contract was agreed at €1,117/tonne, down €85/tonne ($113/tonne) from the previous month, the buyer involved in the contract said late on Friday.

A decrease had been expected following a significant drop in the October benzene contract and a bearish September that saw styrene values lose ground amid wider economic uncertainty.

The settlement was made on a free delivered (FD) northwest Europe (NWE) basis. Further confirmation from the seller is pending.

($1 = €0.75)

For more on styrene visit ICIS chemical intelligence

By: Truong Mellor
+44 208 652 3214

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