The level of the integrated internal margin (the difference between the selling price and the cost of material) in Europe for polystyrene (PS) in October was different, ICIS reported with reference to the report on the margin.

Thus, the integrated internal margin for general purpose polystyrene (PCS / M) fell by 6.9%, and for impact-resistant polystyrene (UPS / M) – by 6.3%.

The prices of MSS / M fell by 2%, while prices for UPS / M fell by 1.9%. Expenditures on raw materials for the work of cracking plants increased by 5.0%, and the cost of by-products increased by 3.5%.

Margin for those market players who buy spot volumes of styrene and sell on the domestic market for the release of MSS / M increased by almost 20%, while the margin for those who buy spot volumes of styrene and sells on the domestic market for the production of CPS / M, grew by almost 16%. The cost of styrene in the spot market increased by almost 12%.

The depreciation of the euro against the dollar by 1.7% also affected the margin level. Prices of raw materials-naphtha – are called in dollars, so the growth of the dollar makes the purchase of naphtha for the euro more expensive. Styrene quotations on the spot market are also denominated in dollars, so a stronger dollar could lead to a higher level of margin for European sellers of spot styrene volumes.

According to the Price Review of ICIS-MRC, the price situation on the Russian market of UPS / M and PSS / M remained unchanged last week in comparison with the previous week. Purchasing activity, in general, on the market is estimated as normal.