February price benzene Europe Contract
February price of benzene in Europe for supplies rose by EUR63 per ton
MOSCOW – The european contract price of benzene for deliveries in February of this year was finally agreed at EUR742 per tonne, which is EUR63 per tonne higher than the January price level, ICIS reported citing confirmation from three buyers and two sellers .
The contract price was agreed on the terms of delivery of CIF Northwest Europe.
In US dollars, the February contract price of benzene was agreed at USD818 per ton, based on the rate of EUR1 = USD1.103. Thus, in February, the February price rose by USD65 per tonne. February price benzene Europe
Benzene is a raw material for the production of styrene, which, in turn, is the main raw material component for the production of polystyrene (PS).
According to ScanPlast of Market Report, for the twelve months of 2019, the estimated consumption of polystyrene and styrene plastics in Russia amounted to 500.66 thousand tons, which is 1% less than the previous year. February price benzene Europe
Author: Anna Larionova