SUBSCRIBER NOTE: Platts to prioritize data based on China ADD for Asia SM assessments

Platts reflects products from all appropriate origins in its assessment processes.

If a seller chooses to execute the option to deliver from an origin that imposes or implies extra costs on its receiver, including antidumping duties, those extra costs are to be borne by the seller.

China has announced that antidumping duties of 5-10.7% would be implemented on styrene monomer cargoes originating from South Korea, Taiwan, and the US, with effect from February 13.

The duty varies according to the company from which the cargo is produced, and will be paid to China's General Administration of Customs.

Platts will continue to prioritize bids and offers for SM clearly stating the seller's intention to bear any proven duty implications that may be imposed.

Platts will continue to monitor this developing situation.

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