European Benzene & Styrene: Benzene prices drop on
lower offer levels- Styrene markets seen steady on day- The European market has a two-tier market for styreneBenzene prices fell in February 8th, as
offers continued to fall for February delivery dates. The forward delivery
laycan for five to thirty days was $1,015.50/mt CIF-ARA, a decrease of
$4.25/mt. Styrene prices remained steady
downstream as liquidity continued. However, there was a visible two-tier market
due to a buyer who wanted continuous quantities of premium material with narrow
specifications. Styrene forward loading
laycans for five to 30 days was stable at $1,219/mt FOB AR.European Styrene Daily Rationale







Styrene for loading five to 30-days forward
at $1.219/mt FOB AR on February 8, stable starting February 7. February was stable at
$1.219/mt. This is within the latest $1,190-$1,225/mt bidding-offer range. March...