Thursday, September 27, 2007

POLYMER FEEDSTOCK - STYRENE MONOMER

Despite a quantum jump in upstream benzene prices, styrene monomer prices dipped by over thirty dollars this week. SM prices dropped to US$1370/MT in Asia in the week of September 24, 2007. Triggered by rising oil and naphtha prices, benzene prices spiked above US$1000/MT in Asia this week (by almost twenty dollars).

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