Polymerupdate News - SM prices climb in Asia
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SM prices climb in Asia

Petrochemical industry | 11 Feb 2019 10:00 IST | Polymerupdate.com

SM prices firmed last week in Asia.

Reports of bullish buying sentiments, higher upstream ethylene rates and strong global cues, together helped sellers of SM to raise their prices higher across the European region.

On Friday, CFR China prices were assessed at the USD 1085/mt levels while FOB Korea prices of SM were assessed at the USD 1035/mt levels, both up USD 15/mt week on week.

CFR South East Asia prices of SM were assessed at the USD 1075/mt levels while CFR India prices were assessed at the USD 1080/mt levels, both up USD 25/mt from the previous week.

Feedstock benzene prices on Friday were assessed at the USD 585/mt FOB Korea levels, unchanged on the week.
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