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SM prices quote lower in Asia on Monday

Petrochemical industry | 20 Jul 2021 08:30 IST | Polymerupdate.com

On Monday, SM prices declined in Asia. The price fall was attributed to bearish upstream energy and benzene values, coupled with softer regional buying sentiments.

FOB Korea SM prices were assessed at the USD 1205-1210/mt levels, a drop of USD (-10/mt) from last Friday's assessed levels.

CFR China SM prices were assessed lower at the USD 1225-1230/mt levels, a decline of USD (-10/mt) from last Friday.

Meanwhile, upstream benzene prices on Monday were assessed down at the USD 1035-1040/mt FOB Korea levels, a fall of USD (-10/mt) from last Friday's assessed levels.
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