VIDEO: Asia styrene may continue to see strong fundamentals until H2 November


SINGAPORE (ICIS)–Senior Editor Trixie Yap
discusses the recent drivers for the uptrend in
styrene monomer (SM) prices in Asia as they hit
close to the psychological benchmark of
$900/tonne CFR (cost&freight) China.

  • Drawdown in east China inventories may
    continue on few November import arrivals
  • November to early December buying from
    other regions may emerge if deep-sea delays
  • Downstream demand to stay robust until
    early December



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