Styrene:Europe

摘要

Styrene prices closed the week unchanged as the volatile crude complex and negative economic data conspired to drive buyers and sellers away from the market despite a production issue at BASF’s Ludwigshafen unit. September and October barges were seen at $1,080-1,090/mt FOB R’dam. “Crude has slipped on the back of bad economic data. US housing stats for July that have just been released were truly awful. Oil is reflecting sentiment that this recovery has slowed to a stop. And, yes, benzene was quite bullish yesterday morning but opinions change when information, or facts as John Maynard Keynes would say, change,” an aromatics trader said.