August European SAN prices increase €15-40/tonne

27 August 2013 23:59 Source:ICIS News

Prices in the European styrene acrylonitrile (SAN) market have increased by €15/tonne ($20/tonne) for compounding grade and €30-40/tonne for commercial and specialty grade, sources said on Tuesday.

Commercial and specialty grade prices increased by €30-40/tonne in August, because of the €47/tonne rise in the August feedstock styrene contract price, which was followed later in the month by a firming benzene numbers and current bullishness of spot styrene prices.

($1 = €0.75)

By Matt Tudball