Wednesday, December 26, 2007

STYRENE MONOMER

Styrene Monomer prices in Asia dipped by twenty dollars to US$1320/MT in the week of December 24, 2007. Weakening end user demand was the major contributor to this downward movement in prices. An assessment of price for February shipment indicated values at US$1310-1320/MT FOB Korea. Upstream benzene prices, on the other hand, moved up to US$1000/MT in Asia, spiking by almost twenty dollars.

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