The contract price was agreed on terms of delivery free on Board (FOB) Amsterdam-Rotterdam-Antwerp (АRА).
This month expected some decline in prices of styrene, as European prices jumped sharply earlier in 2015 amid several stops production in the region and supply-side constraints.
According to the company Market report, in June the prices of styrene in Europe were agreed at the level of EUR1 410 / tonne FOB ARA, which is EUR20 per tonne higher compared with may quotes. Until June the market had different opinions relative to the price thread on the European styrene market, while spot prices due to more stops on the enterprises in the region opposed to the drop in prices of benzene and certain reduction in the price of styrene in Asia.