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SM prices continue to slowdown in Asian market

Styrene monomer market continues to fall in China market. CFR China prices reduced by USD 30/MTS and were assessed in the range of USD 1330-1335/MT. Market experts believe that this slowdown will continue in days to come. Market confidence is weak. Offers of spot goods are at 10,000yuan/mt. Bids and offers of H2 Mar goods are at 9,800yuan/mt and 9,950yuan/mt. Bids and offers of H2 Apr goods are at 9,850yuan/mt and 9,950yuan/mt.