The recent rise in costs are supporting higher prices for derivatives.
Trinseo announces price increases on ABS, SAN and PS from June to July, according to a company note.
The plastics and rubber company noted that its acrylonitrile butadiened styrene (ABS) prices will increase by €100/mt. And styrene acrylonitrile (SAN) will increase €85/mt.
Meanwhile general purpose polystyrene and high impact polystyrene will increase €95/mt.
The increases are effective from July 1 and will apply to spot and contracts.
INEOS Styrolution, the styrenics producers, has also announced increases in July.