News From Plastics Industry. Daily updates on naptha, oil, plastic raw material price movements. News on crackers, and plastic plants. Information on developments in plastics packaging, packing products, additives for plastics, new plastic raw materials and plastic products
Wednesday, April 23, 2008
STYRENE MONOMER
SM prices moved up by ten dollars to US$1430/MT in Asia in the week of April 21, 2008. Material for May shipment was being offered at US$1430/MT FOB Korea, while prices for June shipment have strengthened further above US$1435/MT FOB Korea. In line with rising oil prices, feedstock benzene prices have moved up by ten dollars to US$1100/MT FOB Korea level. Deals for the next few weeks have been concluded above US$1100/MTmt FOB Korea.
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