PODCAST: Asia Special Report – China SM
Tina Zhang
23-Oct-2020
SINGAPORE (ICIS)–China’s styrene monomer (SM) prices surged after the National Day holiday (1-8 October) due to eased oversupply pressure and bullish futures market.
In this episode of the ICIS Asia podcast, Jady Ma speaks with Tina Zhang, analyst for the ICIS China SM market on recent trends and outlook.
- Port inventories continue to fall on decreasing imports
- Strong futures drive up spot prices
- Soaring domestic prices widen the gap with import values
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