Dip in SM prices brings down polystyrene offers

07-Aug-08
Styrene Monomer prices that have dipped to hover around the 1500 dollar mark continue to exert pressures on polystyrene prices in Asia. Being offered at US$1700/MT levels, PS prices have headed south once again on a pessimistic market outlook. Downstream demand is unenthusiastic in anticipation of a further price adjustment as feedstock costs are falling.
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