Wednesday, April 23, 2008

STYRENE MONOMER

SM prices moved up by ten dollars to US$1430/MT in Asia in the week of April 21, 2008. Material for May shipment was being offered at US$1430/MT FOB Korea, while prices for June shipment have strengthened further above US$1435/MT FOB Korea. In line with rising oil prices, feedstock benzene prices have moved up by ten dollars to US$1100/MT FOB Korea level. Deals for the next few weeks have been concluded above US$1100/MTmt FOB Korea.

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