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SM prices decline in Asia

Petrochemical industry | 22 Jul 2021 08:30 IST | Polymerupdate.com

On Wednesday, SM prices slipped in Asia. The price fall was on the back of bearish regional demand trends and a drop in upstream benzene values.

FOB Korea SM prices were assessed at the USD 1190-1195/mt levels, a drop of USD (-15/mt) from Tuesday's assessed levels.

CFR China SM prices were assessed lower at the USD 1210-1215/mt levels, a day on day fall of USD (-15/mt).

Meanwhile, upstream benzene prices on Wednesday were assessed down at the USD 1020-1025/mt FOB Korea levels, a decline of USD (-15/mt) from Tuesday.
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