12 October 2012 22:55 [Source: ICIS news]
HOUSTON (ICIS)--US September styrene contracts fully settled at 75.25-79.25 cents/lb ($1,659-1,747/tonne, €1,277-1,345/tonne), up by an average of 1.50 cents/lb from August following higher feedstock costs and tight supplies, according to trade participants on Friday.
The increase comes a week after initial US September styrene contracts settled at rollovers to increases of 2.50 cents/lb from August.
Producers have also come out with October styrene price increases, following the 20 cents/gal increase in the October benzene contract.
Major US styrene producers include Americas Styrenics, Styrolution, LyondellBasell, Total and Westlake.
($1 = €0.77)
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