The spread between styrene monomer and petrochemical feedstock naphtha narrowed to US$370/mt Monday, the smallest spread since late April 2011, Platts data showed.
Poor demand for SM in China amid rrelatively high inventory levels within the country has pushed SM prices down in recent weeks, while continuously high energy prices are keeping naphtha firm.
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Saturday, March 31, 2012
Spread between styrene monomer and naphtha narrows to smallest spread since late April 2011
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