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SM prices firm up in Asia on Tuesday

Petrochemical industry | 16 Sep 2020 08:30 IST | Polymerupdate.com

On Tuesday, despite weaker upstream benzene values, SM prices bolstered higher in Asia. The sharp price gain was a result of bullish demand trends in key markets like China.

FOB Korea SM prices were assessed up at the USD 665/mt levels, a spike of USD 25/mt from Monday's assessed levels.

CFR China SM prices were assessed higher at the USD 685/mt levels, a sharp day on day increase of USD 25/mt.

Upstream benzene prices on Tuesday were assessed at the USD 405/mt FOB Korea levels, a day on day decline of USD 10/mt.
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