Europe July styrene CRP down €115/t, in line with barge contract

06 July 2012 13:00  [Source: ICIS news]

LONDON (ICIS)--The European July styrene contract reference price (CRP) has been settled at €1,240/tonne ($1,531/tonne), down €115/tonne from the previous month, a buyer and the seller involved said on Friday.

The reduction was in line with the July barge contract, the decrease largely driven by lower raw material costs.

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

($1 = €0.81)

By: Truong Mellor
+44 208 652 3214

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