Tuesday, December 04, 2007

FEEDSTOCK - Styrene Monomer

Styrene Monomer prices slipped to US$1360/MT in Asia in the week of December 3, 2007, corresponding to falling upstream benzene values. Buying intentions for January shipment were pegged even lower at US$1340/MT FOB Korea. Upstream benzene prices in Asia fell to US$1010/MT in line with a sharp drop of crude oil values and also relatively weak demand from buyers.

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