03 January 2013 23:41 [Source: ICIS news]
HOUSTON (ICIS)--Initial December styrene contracts this week have settled flat to an increase of 1.50 cents/lb ($33/tonne,€25/tonne) from November, trade sources said on Thursday.
Producers did not issue any styrene price increases for December, but higher feedstock benzene prices has impacted the market.
December styrene contracts are expected to be fully settled by the end of next week.
Even though December styrene contracts are not finalised, suppliers have already come out with January price increases based on the record-high January benzene contract.
The November styrene contract price is at 78-82 cents/lb.
($1 = €0.76)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections