This week Styrene Monomer (SM) prices have declined in Asian market on the back of dull buying interest and weaker downstream product demand trends in the region. Moreover energy and upstream prices also have declined.
Today, domestic prices of SM were assessed at the level of Rs.67.50/kg for Kandla port with decreased of Rs.0.50/kg and Rs.68.00/kg for Mumbai with decreased of Rs.1/kg in compares to last assessed prices.
On 6th November, FOB Korea price of SM were evaluated in the range of USD 885-905/mt and CFR China were assessed at the level of USD 915-935/mt turned down by USD 15/mt in compares to previous week.
