Styrene monomer (SM) prices climb in Asia
On Thursday, Asian SM prices trended upward in line with a rise in upstream energy rates.
Higher benzene feedstock values and healthy buying momentum across major regional markets further supported the price gain.
FOB Korea SM prices were assessed at USD 1290-1300/mt levels, up by USD (+30/mt) from Wednesday's assessed levels.
CFR China SM prices were assessed at USD 1230-1240/mt levels, an increase of USD (+30/mt) from the previous day.
Meanwhile, FOB Korea benzene feedstock prices were assessed at USD 975-985/mt levels, a day-on-day rise of USD (+10/mt).
