Sharply falling Styrene Monomer values trigger reduction in Asian ABS and PS prices

Styrene Monomer prices in Asia have plummeted below US$550/MT FOB Korea on subdued demand, bringing down prices of derivatives PS and ABS. Falling butadiene prices at around US$1200/MT have also actedd on ABS prices, tanking CFR China offers for ABS to US$1600/MT.

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