US ethylbenzene rises on benzene, styrene
Jessie Waldheim
25-Sep-2015
HOUSTON (ICIS)–The US ethylbenzene range was assessed higher on Friday amid increases in both upstream benzene and downstream styrene.
US ethylbenzene is produced mainly for the manufacture of styrene, and most of it is used captively. ICIS assesses ethylbenzene prices on a formula based on ethylene and benzene prices, with a styrene component.
US ethylbenzene was assessed at 29.10-31.27 cents/lb ($642-689/tonne) on Friday, compared with 28.27-30.70 cents/lb a week ago.
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