Styrene monomer (SM) prices climb in Asia
On Monday, SM prices marched higher amid healthy buying momentum across key Asian markets.
Higher benzene feedstock values also contributed to SM price gains.
FOB Korea SM prices were assessed at USD 925-935/mt levels, a rise of USD (+15/mt) from Friday’s assessed levels.
CFR China SM prices were assessed at USD 935-945/mt levels, higher by USD (+15/mt) from previously assessed levels.
Meanwhile, benzene feedstock prices were assessed at USD 725-735/mt FOB Korea levels, an increase of USD (+25/mt) from Friday.
