Europe October styrene CRP rolls over to settle at €1,418/tonne

04 October 2012 10:31  [Source: ICIS news]

LONDON (ICIS)--The European October styrene customer reference price (CRP) has settled at €1,418/tonne ($1,818/tonne), a rollover from the previous month, the seller involved said on Thursday.

The styrene market has seen falling upstream costs combined with availability restrictions keeping spot levels high, so a rollover was deemed by several players to be a good compromise.

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

($1 = €0.78)

By: Truong Mellor
+44 208 652 3214

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