Europe benzene, styrene September contracts settle lower

ICIS - chemical podcasts

English - September 02, 2020 15:48 - 8 minutes - 7.34 MB
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Previous Episode: Global ACN overview and outlook for September

Next Episode: Middle East Base Oils: Market trends

ICIS Head of Market Reporting, Barbara Ortner, and Deputy Managing Editor, Helena Strathearn, look at the September benzene and styrene contract price settlements, along with current market dynamics.

- Europe September benzene, styrene contracts settle lower
- Prices are still below March levels
- Non-automotive demand recovering but automotive slower
- Hurricane Laura supply/logistics having slight impact in Europe
- Benzene-naphtha spread unprofitably low
- Automotive sentiment improved in August, but road to recovery long – Ifo Institute for Economic Research
- Market to have virtual, drawn-out ‘EPCA-type’ discussions