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) ?xml:namespace>
($1 = €0.78)
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