Wednesday, February 27, 2008

Styrene Monomer

Corresponding with higher feedstock benzene prices, Styrene Monomer prices persisted in their northward march, rising to US$1410/MT in Asia in the week of February 25, 2008. Upstream benzene prices saw another rise to US$1100/MT as crude oil values spiked to record highs. For April shipment, sellers of SM have offered prices higher at US$1400/MT FOB Korea.

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