09 January 2013 09:09 [Source: ICIS news]
LONDON (ICIS)--The initial European January styrene customer reference price (CRP) has settled at €1,488/tonne ($1,958/tonne), up €55/tonne from the previous month, the seller involved said on Wednesday.
According to the producer, the price movement this month is in line with the raw materials cost increase.
The contract was agreed on a free carrier (FCA) Rotterdam basis. Further confirmation from other players is pending.
($1 = €0.76)
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