Europe Styrene

摘要

Northwest European styrene monomer spot prices posted a strong rally toward the week’s end, rising $30/mt day on day, to close the session at $1,640/mt FOB ARA. Compared to the previous week’s close, the increase was $69.50/mt or 4.4%. The decision by several of the region’s styrene products to implement substantial cutbacks in plant operations, or to shut units completely on poor margins or production issues, resulting in tightening supplies, accounted for pronounced short-covering this week, which pushed values up.