Sharp hike in Q1 contract to offset feedstock costs

摘要

European quarter one (Q1) styrene ocntracts ahve started to settle at implied 716.5-741.5/tonne FD NWE,up implied by 61.5/tonne on quarter four 2003.News of the settlement came on the heels of the ethylene Q1 contract whichy moved up implied by 68/tonne to implied by 580/tonne FD NWE,with January benzene done at implied by 46/tonne FD NWE.