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SM prices rise 10$ in Asia

Petrochemical industry | 27 May 2020 08:30 IST | Polymerupdate.com

On Tuesday, Styrene monomer (SM) prices gained in Asia.

The price rise was on the back of bullish upstream crude rates and a spike in benzene feedstock values.

FOB Korea SM prices were assessed at the USD 610/mt levels, while CFR China SM prices were assessed at the USD 650/mt levels, both up USD 10/mt from Monday's assessed levels.

Upstream benzene prices on Tuesday were assessed higher at the USD 425/mt FOB Korea levels, a day on day spike of USD 25/mt.
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