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Markets :: Basic Chemicals :: Petrochemicals :: Styrene

Styron announces €110/m.t. PS increase on the back of rising feedstock costs

8:00 PM MDT | July 26, 2013 | Francinia Protti-Alvarez

Styron Europe has announced a price increase of €110/m.t. ($144) across its polystyrene (PS) range, including its general-purpose PS and high-impact polystyrene (HIPS), citing higher production costs.   “Styrene monomer prices have jumped up from around $1,600/m.t. in December to around $1,720–1,740/m.t. so far in January. That’s around a $120–150/m.t. change between the end of last year and now, and forecasts expect this increase to accelerate as January progresses,” says Martin Whelan, commercial...

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