11 September 2013 22:43 [Source: ICIS news]
HOUSTON (ICIS)--Initial ?xml:namespace>
The increase is in line with some initial price increases last week at 1-2 cents/gal as well, following the 23 cent/gal jump in the September feedstock benzene contract.
August styrene contract prices are expected to be finalised by Friday.
Current July styrene contracts are at 77.75-81.75 cents/lb FOB (free on board).
Although August US styrene contracts were still being settled, producers have already issued price increases for September at 3-4 cents/lb on the back of stronger benzene prices and tight supply expectations.
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