Second Europe Sept styrene barge contract agreed up by €85/tonne

03 September 2013 09:29  [Source: ICIS news]

LONDON (ICIS)--A second European September styrene barge contract has been agreed at €1,542/tonne ($2,029/tonne), an increase of €85/tonne from the previous month, two consumers said on Tuesday.

Following an initial agreement between a pair of settling parties on Monday 2 September at €1,552/tonne, other players felt it was agreed quickly and too high an increase given the wider market fundamentals, and subsequently negotiated another number.

The contract price was agreed on a free on board (FOB) Amsterdam-Rotterdam-Antwerp (ARA) basis.

($1 = €0.76)

By: Truong Mellor
+44 208 652 3214

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