PODCAST: Europe benzene, styrene September contracts settle lower
Helena Strathearn
02-Sep-2020
LONDON (ICIS)–ICIS Head of Market Reporting, Barbara Ortner, and Deputy Managing Editor, Helena Strathearn, look at the September benzene and styrene contract price settlements, along with current market dynamics.
– Europe September benzene, styrene contracts settle lower
– Prices are still below March levels
– Non-automotive demand recovering but automotive slower
– Hurricane Laura supply/logistics having slight impact in Europe
– Benzene-naphtha spread unprofitably low
– Automotive sentiment improved in August, but road to recovery long – Ifo Institute for Economic Research
– Market to have virtual, drawn-out ‘EPCA-type’ discussions
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