The previous month’s styrenics trends were continuing in July. PS and EPS mustered some modest price increases following an uptrending styrene monomer, while ABS contract prices trended further down following the latest butadiene crash of €400/t ($469).
The availability of styrenics was partly limited; additional EPS and ABS orders often had to be postponed to the next month. This trend might have persisted in August.
For August, slight reductions were expected for all styrenics after the styrene monomer reference contract went down by €30/t ($35).