Europe May styrene CRP agreed at €1,355/tonne FCA Rdam

04 May 2012 14:32  [Source: ICIS news]

LONDON (ICIS)--The European May styrene customer reference price (CRP) has been settled at €1,355/tonne ($1,783/tonne), up €30/tonne from the previous month, the seller involved confirmed on Friday.

The increase was driven by higher feedstock costs, according to the seller, where a €58/tonne increase for benzene was counterbalanced by a €20/tonne reduction in ethylene for May.

The contract was agreed on a free carrier (FCA) Rotterdam basis. Further confirmation from buyers is pending.

($1 = €0.76)

Follow Truong Mellor on Twitter for daily tweets on the aromatics markets

By: Truong Mellor
+44 208 652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly