LONDON (GC Intelligence) — INEOS Styrolution, global styrenics supplier, announced that it will roll over prices of general-purpose polystyrene (GPPS) from September to October.
The company also communicated on the same note published on its website that the surcharge for its high-impact polystyrene (HIPS) grades is €100/mt.
This announcement of a rollover was slightly different from the Trinseo announcement of price increases for its polystyrene contracts of €20/mt in October.
The announcements have come against a backdrop of weak fundamentals and a small decrease in the styrene contract in October.