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European Benzene & Styrene : Market Watches for Disruption amid Protests in France  | Total Energies declares force majeure on polystyrene supply  | Upstream impact remains in question: trader

European Benzene & Styrene : Market Watches for Disruption amid Protests in France | Total Energies declares force majeure on polystyrene supply | Upstream impact remains in question: trader

Mar 23, 2023

European Benzene & Styrene : Market Watches for
Disruption amid Protests in France- TotalEnergies declares force majeure on polystyrene
supply- Upstream impact remains in question: traderEuropean styrene trader watched out for
news from France that day, following the declaration by TotalEnergies of force
majeure over polystyrene delivery. France's
"social movements" were the reason for the declaration of force
majeure. Strike action and unrest in France have been ongoing since
controversial changes to President Emmanuel Macron's pension age. A trader stated that signs of disruption to other products,
such as styrene, were being closely watched due to the declaration's connection
to disruptions in the workforce and logistics. The day was steady upstream for benzene. Sentiment has remained firm due to the positive movements in
crude oil and styrene monomer this week.European Styrene Daily Rationale









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