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SM prices quote higher in Asia

Petrochemical industry | 14 Jan 2020 09:30 IST | Polymerupdate.com

Stronger upstream benzene values and a lift in demand trends in major markets like China, pushed SM prices higher in Asia, on Monday.

Reports of limited product availability, further supported the price gain.

FOB Korea SM prices were assessed up at the USD 880/mt levels, a gain of USD 5/mt from last Friday’s assessed levels.

CFR China prices were assessed higher at the USD 920/mt levels, a rise of USD 5/mt on the day.

Feedstock benzene prices on Monday were assessed up at the USD 730/mt FOB Korea levels, a rise of USD 10/mt from last Friday’s assessed levels.

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