This week SM prices marginally decreased in compares to last week closing prices, due to bearish upstream crude and prices of Feedstock Benzene cut down in the region.
And also the main reason behind this prices fall down due to China market crash down in last week. SM prices were assessed at USD 1215/MT for FOB Korea and USD 1240/MT for CFR China.
Domestic prices of SM were assessed at the level of Rs.85-87/ Kg for Kandla and Mumbai port respectively, Prices of SM decreased by Rs.5/Kg due to shortage of material in the region.
