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European styrene set to soar after Shell Chemical’s force majeure

The sudden declaration of force majeure by Shell Chemicals saw November styrene spot prices gain $75/tonne since the beginning of the week. European styrene prices are expected to soar following Shell Chemicals‘ declaration of force majeure on styrene at its

US benzene tumbles as end users resist price hikes

US benzene spot prices tumbled swiftly this week after hitting a record $5.35/gal ($1,599.65/mt) DDP US Gulf on Friday, Platts data showed. On Tuesday, October benzene was assessed at $5.18/gal ($1,548.82/mt) DDP, down 9 cents/gal ($26.91/mt) from Monday, while November

Highest recorded European styrene spot prices since July 2008

European styrene spot prices are at their highest level since July 2008 because of a lack of availability and a surprising level of demand, market sources said on Friday. September spot styrene was offered at $1,700/tonne (€1,343/tonne) FOB (free on