Styrene Europe

摘要

The 3-30 day loading European styrene market corrected down$160.50/mt, to be assessed at $1,352/mt this week from$1,540/mt, on the back of poor demand as the strong buy pressure seen at the start of November eased. In addition, withShell Chemical/Styrolution 550,000mt/year propylene oxideSM joint venture unit restarting, sellers had the perception thatbuyers no longer believed they could convert prices close to$1,600/mt into derivative polystyrene, given the still weakdemand outlook, sources said.