Buyers' interest has not been evoked and no enquiries heard even as sellers offered Styrene Monomer for second half August delivery in the spot market at US$1600/MT FOB Korea levels. Absence of buyer''s intentions makes it difficult to assess the market sentiments, though many speculate that SM market of Asia has hit rock bottom.
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Thursday, July 31, 2008
Has Styrene Monomer market hit rock bottom in Asia?
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