Styrene Prices, markets & analysis
For those looking to keep abreast of the global Styrene market, our independent, unbiased pricing information, news and analysis of the Styrene monomer markets is an invaluable resource.
Whether you buy or sell Styrene monomer or related products, you need to know about the prices and the factors driving the prices in the global Styrene market as they happen. Our network of price reporters throughout Asia, Europe and the US provide key local insights. We collate this intelligence into daily and weekly price reports, ensuring you have the up-to-date information you need at all times.
Our editor gives their expert view
Styrene Overview Transcript
Styrene is a liquid chemical which is used to manufacture a wide range of products in two basic groups: plastic resins and synthetic rubber. The raw materials for styrene are benzene and ethylene which are produced from naphtha in an integrated plant.
In the plastic group, styrene is made into polystyrene, EPS, ABS, SAN and UPR. These resins then go into consumer electronics, office equipment, toys, and automobiles as well as the packaging construction and infrastructure sectors.
The other group that styrene goes into is synthetic rubber like styrene butadiene rubber, and styrene butadiene latex. These synthetic rubbers are then used to make items like automobile tyres and a host of rubber products.
The main merchant market for styrene is China, which has been growing at a relatively high rate annually. The Asian styrene market is spot driven, with values of most term contracts derived from spot prices.
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Styrene news and market information products from ICIS
We offer the following regional Styrene analysis and news coverage to keep you informed of factors and developments affecting prices in the Styrene marketplace.
Price Reporting – More information about the price reports we publish on Styrene
Independent price assessments and market coverage by region
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Other types of reports we cover for Styrene
Use margin reports to assess the profitability of commodities
News & analysis
News & Analysis - News & market analysis specifically relating to Styrene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Styrene: Market overview
Updated to Q4 2015
Following a period of sustained bullishness on pricing, the expectation for European styrene pricing in the fourth quarter is that the market will correct itself in relation to feedstock spreads and spot levels in other regions. October has seen healthy demand from key end-use markets such as construction and insulation, but there remains some resistance to any inventory rebuilding ahead of year-end. Spot numbers in Asia moving higher than Europe will pull US export volumes away and keep the market balanced.
The US styrene spot market will be volatile in Q4 as it follows the lead of daily benzene and crude oil values. US supply is constrained as Shell Canada took its 450,000 tonne/year plant at Scotford, Alberta, down on 8 September for 44 days of planned maintenance. No other outages are planned for the fourth quarter in North America.
Asia styrene monomer prices remain under downward pressure in the near term. Weak performance in the downstream styrenic resins sector continued to exert downward pressure on prices. At the same time, talk of more deep-sea lots bound for Asia arriving in October and November dampened sentiment among players. Despite the turnarounds at several facilities from September to November, buyers were unhurried as they deemed supply in the region to be ample.
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Styrene news & analysis
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ICIS launches Global Styrene Markets General Methodology Consultation more >>
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
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Styrene Asia Weekly Margin Report Methodology
Styrene Europe Margin Report Methodology
Styrene US Margin Report Methodology
Pure styrene is a colourless to yellow, oily liquid that evaporates easily and has a sweet smell. Styrene is highly flammable, forms explosive mixtures in air, is dangerous when exposed to flame, heat or oxidants and on decomposition, emits acrid fumes.
Styrene is mainly used in the manufacture of homopolymers and copolymers. These include polystyrene (PS), expandable polystyrene (EPS), styrene copolymers (such as acrylonitrile-butadiene-styrene (ABS) resins, styrene-acrylonitrile (SAN) and styrene-butadiene latexes), styrene-butadiene rubber (SBR) and unsaturated polyester resins.
Styrene is produced predominately by ethylbenzene (EB)-based technology. EB is first made by the catalytic alkylation of benzene with ethylene and then dehydrogenated to styrene. The coproduction of styrene with propylene oxide (PO) by the PO/SM process had been gaining popularity.