VIDEO: Asia benzene rebounds; volatile SM may extend into 2022

Angeline Soh

08-Dec-2021

SINGAPORE (ICIS)–Watch pricing editors Angeline Soh and Trixie Yap discuss current developments and outlook for Asia’s benzene and styrene monomer (SM) markets.

  • Benzene tracks crude gains; some ‘22 SE Asia term tenders awarded at higher price
  • SM on general downtrend since Nov; more China exports likely
  • Low run rates at regional SM plants to continue on squeezed margins

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