Styrene monomer (SM) prices march higher in Asia
On Tuesday, SM prices quoted higher in Asia.
Prices moved higher amid firmer upstream crude values and improved regional demand trends.
FOB Korea SM prices were assessed at USD 970-980/mt levels, up USD (+20/mt) from Monday’s assessed levels.
CFR China SM prices were assessed at USD 970-980/mt levels, an increase of USD (+25/mt) from the previous day.
Meanwhile, benzene feedstock prices were assessed at USD 760-770/mt FOB Korea levels, a day-on-day gain of USD (+15/mt).
