Polymerupdate News - SM prices rise 10-15$ in Asia
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SM prices rise 10-15$ in Asia

Petrochemical industry | 19 Aug 2019 09:30 IST | Polymerupdate.com

SM prices witnessed a gain in Asia, last week. Reports of improved regional demand trends and firmer upstream energy rates, coupled with bullish benzene feedstock values, together helped the SM sellers to raise their prices higher across the Asian regions.

On Friday, prices of SM were assessed, at the USD 980/mt FOB Korea levels, while CFR China prices were assessed at the USD 1025/mt levels, a week on week increase of USD 15/mt.

CFR South East Asia prices of SM, were at the USD 1000/mt levels, while CFR India, prices were assessed at the USD 995/mt levels, both up USD 10/mt from the previous week.

Feedstock benzene prices on Friday, were assessed higher, at the USD 650/mt FOB Korea levels, a week on week gain of USD 20/mt from the previous week.
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