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North America styrene market set to go down Next Year

December 29/2011

(chemmonitor) --  Current instability in US economic situation and the debt of the EU entailed negative outlook for North America styrene market.

Styrene market consumers are very cautious about the perspectives of a raw material benzene and crude oil, while styrene producers are more positive.



Styrene traders and suppliers did not expect such tight market conditions next year.
Styrene North America market players predict unsteady benzene market and dependence on the economy of the U.S.

However, some styrene market players did not predict such a volatile market.

 

mrcplast.com

Author:Marina Ivanova
Tags:naphta, oil, styrene.
Category:General News
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