Export prices for European polystyrene (PS) and styrene plastics for customers in the CIS countries will remain unchanged in November, according to ICIS-MRC Price report.

 

Market players said European PS producers do not intend to adjust prices in November compared to October. The main reason for the prices roll-over are steady contract prices of styrene.

 

As reported earlier, European styrene prices were set at EUR1,390/tonne FOB ARA (Amsterdam-Rotterdam-Antwerp).

 

Importers interviewed by MRC have already partially received new PS prices for November shipments. Buyers said producers maintained their prices. At the same time, costs for PS purchasing have been growing. Prices in euro remained steady, but the fall of the rouble and hryvnya against the euro has led to higher purchasing costs, said consumers of imported material PS in Russia and Ukraine.