The European March styrene truck contract price has settled at Eur1,450/mt ($1,784.50/mt), up Eur55/mt on the month, and at parity to the barge contract price settled last week.
The contract price was confirmed by a buyer in the negotiations.
The barge contract price settled last week, marking a Eur55/mt monthly increase.
Although expectations were bullish for the barge contract price due to tight market fundamentals, several buyers said that the increase was larger than anticipated.
The European barge spot price was last assessed at $1,519.50/mt FOB ARA Friday.