Dip in SM prices brings down polystyrene offers

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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