The contract price of styrene monomer in Europe was agreed at the level of EUR1,250 per tonne for October deliveries, which is EUR110 per ton lower compared to the previous month, ICIS reported citing confirmation from two sellers and three buyers on the market.

The contract price was agreed on the terms of delivery of FOB Amsterdam-Rotterdam-Antwerp (ARA).

As reported by MRC, the contract price of styrene in the European market in September was agreed at the level of EUR1,360 per ton, which is EUR190 per tonne higher than the level of August.

And the contract price for the material in August in Europe was approved at EUR1,170 per tonne, which is EUR30 per tonne lower than in July.

July same price of monomer in this region increased compared to June at EUR27.5 per tonne – to EUR1,200 per tonne, FOB ARA.

Styrene is the main raw material component for the production of polystyrene (PS).

According to the Price Review of ICIS-MRC, the high demand season continues in the Russian market of high-impact polystyrene (PSD / M) and general-purpose polystyrene (PCS / M). A large trader, selling material “Gazprom neftekhim Salavat,” reported a planned increase in prices in October at about 2 thousand rubles. per ton. At the same time, according to representatives of Nizhnekamskneftekhim, the cost of the manufacturer’s material will grow by 2,000-4,000 rubles in October. per ton. Penoplex, however, reported an increase in prices of 3 thousand rubles. per ton.