Polymerupdate News - Asian SM prices inch lower
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Asian SM prices inch lower

Petrochemical industry | 09 Oct 2019 10:00 IST | Polymerupdate.com

On Tuesday, spot SM prices in Asia slipped.

The price fall, was supported by poor buying interest in key markets like China coupled with weaker upstream energy and benzene values.

FOB Korea SM prices, were assessed down at the USD 970/mt levels, a fall of USD 5/mt from Monday’s assessed levels.

CFR China prices, were assessed lower at the USD 1010/mt levels, a drop of USD 5/mt on the day.

On Tuesday, feedstock benzene prices were assessed down, at the USD 685/mt FOB Korea levels, a day on day decline of USD 10/mt.
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