August contract price benzene Europe lower July - Arhive
August contract price of benzene in Europe is agreed at EUR52 per tonne lower July August contract price benzene Europe lower July
MOSCOW – The contract price of benzene in Europe for supplies in August was finally agreed at the level of EUR742 per ton, which is EUR52 per ton below the level of the June price, ICIS reported on Tuesday, citing confirmation from two sellers and two buyers .
The August contract price of benzene was agreed in dollar terms at the level of USD867 per tonne, and then converted into a price in euros at the agreed exchange rate EUR1 = USD1,1684.August contract price benzene Europe lower July
Thus, if you take the price of benzene in dollar terms, then the August contract price for the material decreased compared to July at USD53 per ton.
Earlier it was noted that the July contract price of benzene in Europe was approved at the level of EUR794 per ton, which is EUR37 per ton higher than the level of June.
Benzene is the raw material for the production of styrene, which, in turn, is the main raw material component for the production of polystyrene (PS).
According to the ICIS-MRC Price Review , the value of the Russian PS at the end of the month has traditionally remained unchanged. August contract price benzene Europe lower July
This week, market players expect the price of Nizhnekamsk material to be agreed on in August. August contract price benzene Europe lower July
Market players do not have a common opinion about the possible change in the cost of high-impact polystyrene (PSD / M) and general-purpose polystyrene (PCS / M) next month. August contract price benzene Europe lower July
The preservation of July prices still looks like the most likely scenario for the development of events against the background of a neutral situation in the European market.
mrcplast.ru
Author: Margarita Volkova
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