The downward correction of styrene monomer by €110/t ($128) also provoked falling styrenics prices. PS fell the most, as the entire cost reduction was usually passed on to processors. For EPS, several suppliers kept part of the reduction by leveraging with the tight supply. Discounted amounts varied between producers.
The styrene monomer reference contract fell by €90/t ($105). Styrenics producers will try to withhold parts of the cost reduction again. However, this will be more difficult for them than in previous months, especially for PS and ABS.