Styrene monomer (SM) prices drop in Asia
On Monday, Asian SM prices were assessed lower amid weaker upstream energy rates and bearish buying momentum across major regional markets.
FOB Korea SM prices were assessed at USD 1470-1480/mt levels, down USD (-10/mt) from last Friday’s assessed levels.
CFR China SM prices were assessed at USD 1410-1420/mt levels, a drop of USD (-10/mt) from previously assessed levels.
Meanwhile, FOB Korea benzene feedstock prices were assessed at USD 1170-1180/mt levels, a decline of USD (-20/mt) from last Friday.
