Styrene monomer (SM) prices remain constant in Europe

On Tuesday, despite a sharp increase in benzene feedstock costs and higher upstream crude values, SM prices rolled over in Europe.

Buying activity was reportedly stable across the region.

FOB Rotterdam SM prices were assessed at USD 1485-1495/mt levels, steady from Monday’s assessed levels.

Benzene feedstock prices were assessed at USD 1260-1270/mt FOB Rotterdam levels, a steep gain of USD ( 70/mt) from Monday.

Meanwhile, in Asia, SM prices were assessed at USD 1180-1190/mt FOB Korea levels on Tuesday, a decline of USD (-15/mt) from Monday.

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