Styron Europe has raised its polystyrene contract and spot prices for October by Eur50/mt ($65/mt) effective immediately, the company said Friday.
The price increase applies to all its general purpose grade PS and high impact grade PS prices.
Styron did not provide details of its prices but cited rising costs associated with the manufacturing of PS grades in Europe.
Platts assessed GPPS net prices at Eur1,515/mt FD NWE and HIPS net prices at Eur1,645/mt FD NWE this week.
The initial NWE styrene monomer CP for October was fully settled at Eur1,418/mt, up Eur8 from September. Swift on the heels of that conclusion, other PS producers in Europe nominated increases in their October prices.
On Thursday, Styrolution raised its October PS prices by Eur50/mt too.
