Tuesday, December 11, 2007

FEEDSTOCK - STYRENE MONOMER

Styrene Monomer prices stagnated at US$1360/MT in Asia in the week of December 10, 2007. Not much movement was seen in the market, with sellers managing to sustain prices despite a slight dip in buying intentions. Feedstock benzene prices persisted in its downslide, plunging below US$1000/ MT FOB Korea, on weak demand from buyers.

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