Trinseo Company (formerly Styron), a major European manufacturer of polystyrene (PS), today announced that it downgraded the July prices for all brands of PS in Europe, the company said.

Price reduction is effective immediately and is consistent with the terms of the current contracts. Thus, the July contract and spot prices of the following brands will be reduced as follows:

– To mark STYRON general purpose polystyrene (PSS / M) and the brand STYRON and STYRON-TECH high-impact polystyrene (HIPS / M) – to EUR80 per tonne.

As reported by the MRC, Trinseo in June raised the prices of all brands of PC, acrylonitrile-butadiene-styrene (ABS) and acrylonitrile-butadiene-styrene copolymer (SAN) in Europe, as indicated nizhee:

– To mark STYRON MSS / M and STYRON brand and STYRON-TECH HIPS / M – to EUR70 per tonne;
– On the brand MAGNUM ABS – to EUR70 per tonne;
– To mark TYRIL SAN – at EUR50 per tonne.

According to the price review ICIS-MRC, polystyrene prices in the Russian spot market in the last week of June, remained relatively stable. The situation on the market in June was to increase the volume of stocks of the market players. According to market players, buying activity has decreased.

Trinseo (formerly Styron), headquartered in Horgenge, Switzerland, is the largest European producer of polystyrene, emulsion polymers, polycarbonate, and synthetic rubbers. On February 1, 2015 Styron company changed its name to Trinseo.