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