Styrenics prices in Europe turned upwards again in August, putting an end to the downward trend of the past months. The price reversal was fuelled by increased styrene costs: the styrene monomer reference contract increased by €108/t ($116).
Producers lacking backwards integration had to cope with even larger cost increases on the spot markets. In general, they in turn demanded higher premiums. Those premiums...
Prices for styrenics trended down again in July, maintaining the direction of the previous months. The course for new discounts was set by the decline in the styrene reference (down €87/$96/t).
However, there were signs of a turnaround in August. Or, at least, the cost development of the main precursor – styrene – was portentous. The relevant reference contract for August was not available by...
The decline in the styrene reference and continued weak demand in the European market once again depressed prices in June. Most discounts exceeded the...
The styrenics market remained relatively unimpressed by the €55/t ($59) increase of the styrene reference in May. Producers managed to fully pass on the...
The styrene reference plummeted by €113/t ($123.4) in March 2023 and styrenics followed suit, partly because producers did not really have anything to counter...
February was quite unspectacular and almost silent. After the modest €10/t ($11) increase in the styrene reference, no price spikes were expected either way.
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