Polymerupdate News - SM prices in Asia drift lower
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SM prices in Asia drift lower

Petrochemical industry | 11 Sep 2019 09:30 IST | Polymerupdate.com

On Tuesday, SM prices in Asia witnessed a sharp drop. Reports of dull demand trends, pressured spot SM prices in Asia lower.

Bearish benzene rates, further supported the price fall.

FOB Korea, SM prices were assessed down, at the USD 1010/mt levels, a decline of USD 25/mt from Monday’s assessed levels.

CFR China prices were assessed lower, at the USD 1050/mt levels, a sharp day on day fall of USD 25/mt.

Feedstock benzene prices on Tuesday, were assessed at the USD 700/mt FOB Korea levels, down USD 10/mt from Monday’s assessed levels.

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