Rise in the Asian spot prices in the months of April has boosted the sentiments for price rise in European market. Rise in price momentum is also followed by upward pressure in the Benzene values and in Ethylene in the last month. Many cargoes of US were diverted from Europe to Asian countries as price was bulging on daily basis. Even many European traders started to export their material to Asian countries. The end users manufacturers of Styrene products have shown their apprehension over these unexpected developments.
