Styrene Prices, markets & analysis
Stay abreast of the regional Styrene markets that matter to you.
From pricing information to the analysis you need to understand it, ICIS coverage of regional Styrene markets is second to none.
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- Follow price drivers and fluctuations
- Inform your internal market modelling
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- Determine settlement and contract terms
Styrene China Transcript
The styrene monomer (SM) China report is published weekly. It covers spot trading in the Chinese domestic and import market and gives users clear and timely price assessments, for East China ex-tank and South China delivered and cost and freight (CFR) China Main Port (CMP) prices.
The report gives readers in depth analysis and changes in China’s SM market. It also includes data of spot inventories in East China, the operating data of SM producers and downstream expandable polystyrene (EPS), polystyrene (PS) and acrylonitrile-butadiene-styrene (ABS) units.
This comprehensive view helps readers clearly understand the driving forces behind price changes. All the information in the report comes from our dedicated reporters who closely track trading and have a deep understanding of the SM market.
The report is used by our customers to establish their own pricing terms with suppliers or customers and to plan for the future. It is an important source of information which is very useful for their business requirements.
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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.
Updated to Q4 2014
Jiangsu’s styrene monomer (SM) prices were on a downtrend from early October 2014 to 9 December 2014 on the back of falling crude oil prices.
The prices ranged at between yuan (CNY) 6,950/tonne tonne ex-tank Zhangjiagang to around CNY11,100/tonne ex-tank Zhangjiagang throughout the past three months, with highest price levels seen in early October 2014 and the lowest at CNY6,950/tonne ex- tank Zhangjiagang seen on 9 December. The import prices decreased to a record-low level in early December 2014 as well.
SM prices fell significantly from beginning of October to December amid declining crude oil prices and benzene values. There was a credit crisis because some players with long position suffered losses with the decreasing prices.
Downstream demand was increasingly weak, especially with the approach of the off-peak season. The inventory in east China increased to 150,000 tonnes with several imported cargoes arriving by the end of the year.
The styrene monomer (SM) China report is published weekly. It covers spot trading in the Chinese domestic and import market and gives users clear and timely price assessments for East China ex-tank, South China delivered (DEL) and cost & freight (CFR) China Main Port (CMP) prices.
The report gives readers in-depth analysis and changes in China’s SM market. It also includes data of spot inventories for East China, the operating data of SM producers and downstream expandable polystyrene (EPS), polystyrene (PS) and acrylonitrile-butadiene-styrene (ABS) units.
This comprehensive review helps readers understand clearly the driving forces behind prices changes. All the information in our report comes from our dedicated reporters who translate truck trading and have a deep understanding of the SM market.
The report is used by our customers to establish their own pricing terms with suppliers or customers and to plan for the future. It is an important source of information for their business requirements.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Styrene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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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.
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