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SM prices drift lower in Asia

Petrochemical industry | 14 Oct 2021 08:30 IST | Polymerupdate.com

On Wednesday, Weaker upstream crude and benzene rates pulled SM prices lower in Asia. The price fall was further supported by softer regional demand trends.

FOB Korea SM prices were assessed at the USD 1290-1295/mt levels, a sharp drop of USD (-35/mt) from Tuesday’s assessed levels.

CFR China SM prices were assessed down at the USD 1310-1315/mt levels, a day on day tumble of USD (-35/mt).

Meanwhile, upstream benzene prices on Wednesday were assessed lower at the USD 985-990/mt FOB Korea levels, a day on day decline of USD (-10/mt).
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