Asian styrene monomer: Rises amid export demand- Prices
assessed at $5-6/mt more on day- January
IICE Brent crude oil at $89.96/bMarket prices for styrene monomers
continued to rise and were assessed $5/mt more at $995/mt CFR China Nov. 18 and
$990/mt FBO Korea Nov. 18. he
anticipates a slight uptrend in domestic markets in the
medium-term aswell. However, upstream markets remained muted. The spot ethylene prices remained stable at $880/mt CFR
Northeast Asia, while the benchmark benzene FOB Korea mark was
assessed $14.17/mt higher on the same day at $800.5/mt November 18. January ICE Brent crude futures fell by a steep $2.79/b
to $89.96/b at Asian closing.Asian Styrene Monomer Daily Rationale









Asian styrene monomer was up $5/mt to
$995/mt China and $990/mt Korea Nov. 18. This was done at the intraday levels in accordance with firm
values from Domestic East China. It was...