Europe March styrene CRP agreed at rollover of €1,342/tonne

06 March 2012 10:38  [Source: ICIS news]

LONDON (ICIS)--The European March styrene customer reference price (CRP) has been settled at €1,342/tonne ($1,766/tonne), a rollover from the previous month, the seller involved said on Tuesday.

The contract was agreed on a free carrier (FCA) Rotterdam basis.

The rollover was largely expected and in line with the March barge contract. A drop in the benzene contract this month was offset by a record high monthly ethylene settlement at €1,305/tonne free delivered (FD) northwest Europe (NWE).

($1 = €0.76)

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By: Truong Mellor
+44 208 652 3214

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