China’s SM import demand may stay soft despite seller confidence

摘要

SINGAPORE (ICIS)--China’s demand for imported styrene monomer (SM) could stay soft until March, extending the current poor buying situation, on slow downstream offtaking in the local market still evident amid the ongoing coronavirus outbreak. This was despite sellers’ confidence that the logistics and delivery difficulties could be further resolved soon, since some provinces in east China have already started to lift earlier delivery restrictions internally. Restrictions remained for transport between different provinces.