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SM January imports plunged

Chinese Styrene Monomer January imports have descended by 12.3% or 41,503 mt to 296,399 mt. South Koreas supply of SM to China dropped by 39,189 mt or 35.7% to 70,739 mt, said by market source. For the current week FOB Korea and CFR China prices of styrene sharply has increased and were evaluated at the level of USD 1115/mt and USD 1135/mt respectively.