Styrene Monomer (SM) prices quote lower in Asia
On Monday, SM prices fell in Asia despite higher upstream crude values.
Prices fell amid subdued buying across major regional markets.
FOB Korea SM prices were assessed at USD 1360-1370/mt levels, down USD (-10/mt) from last Friday’s assessed levels.
CFR China SM prices were assessed at USD 1320-1330/mt levels, lower by USD (-10/mt) from previously assessed levels.
Meanwhile, FOB Korea benzene feedstock prices were assessed at USD 1170-1180/mt levels, unchanged from last Friday.