Styrene Monomer (SM) prices increase in Asia
On Thursday, SM prices were assessed higher across Asia.
Higher benzene feedstock prices, improved market supply, and firm market sentiment collectively supported the price rise.
FOB Korea SM prices were assessed at USD 1310-1320/mt levels, up USD (+20/mt) from the previous day.
CFR China SM prices were assessed at USD 1280-1290/mt levels, a gain of USD (+20/mt) from the previous day.
Meanwhile, FOB Korea benzene prices were assessed at USD 1085-1095/mt levels, a rise of USD (+5/mt) from the previous day.
