Benzene has strengthened in Asia with support from arbitrage openings to the US and Europe, while SM is struggling with poor downstream demand. As a result, the price spread between styrene monomer annd its main feedstock benzene has narrowed to its lowest level since late January, Platts data shows.
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Wednesday, May 30, 2012
Styrene Monomer-benzene spread in Asia narrows to 4-month low
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