Styrene monomer (SM) prices hold steady in the United States

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On Wednesday, despite higher upstream crude values, SM prices were assessed flat in the U.S. Buying sentiment was reportedly stable in the region.

SM prices were assessed at 58.90-59.00 cents/lb FOB US Gulf levels, unchanged from Tuesday's assessed levels.

Downstream benzene prices were assessed at 407.00-407.10 cents/gallon FOB US Gulf levels, a day-on-day gain of ( 5 cents/gallon).

Meanwhile, in Asia, SM prices were assessed at USD 1200-1210/mt FOB Korea levels on Wednesday, a sharp gain of USD ( 20/mt) from Tuesday.

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