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Ineos Styrolution raises European Feb general purpose polystyrene prices by Eur140/mt

Increase font size  Decrease font size Date:2018-02-05   Views:569
Ineos Styrolution has raised its February general purpose polystyrene prices in Europe by Eur140/mt ($174.50/mt), according to its website.

The announcement follows the contract settlement of feedstock styrene. The February contract was fully settled at Eur1,395/mt, up Eur130/mt.

The premium over GPPS for high impact polystyrene (HIPS) was announced as Eur100/mt.

No outright price levels were published.

The GPPS January net contract price was last assessed at Eur1,450/mt FD NWE Wednesday. The GPPS industry was expecting a sharp increase in February GPPS prices as they anticipated a three-digit price rise for styrene.

Spot activity for GPPS was heard limited this week as the industry awaited the styrene settlement. The GPPS spot price was assessed at Eur1,365/mt FD NWE Wednesday.
 
 
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