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.
Our locally based reporters constantly update our independent price assessments and market coverage, giving you a firm foundation in all your dealings.
Use ICIS information to:
- Follow price drivers and fluctuations
- Inform your internal market modelling
- Back up your negotiations
- 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 & market analysis specifically relating to Styrene
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Insight and analysis of factors driving prices.
In the three months to mid-November, styrene monomer (SM) prices were at the range of yuan (CNY) 12,050-13,400/tonne ex-tank Zhangjiagang, with the prices peaking in early October. By 12 November, the price settled at CNY12,200/tonne ex-tank Zhangjiagang.
Jiangsu prices were on the uptrend from mid-August to September in line with firm demand from downstream amid tight supply. However, the trend reversed from October because of increasing east China SM inventories and soft demand from end-users.
The maintenance season for the SM plants in Asia started from end-August and there were also fewer deep-sea cargoes arriving in the same period, resulting in tight supply. The decrease in inventories in east China supported the price uptrend. Furthermore, demand from major end-users became firm on the back of low feedstock inventory and good margin. Traders who needed to cover their short positions also pushed the prices up.
However, prices fell from mid-October because of stable-to-soft demand and pressure of the falling US levels. In addition, the inventories increased with the completion of plants’ maintenance, leading buying sentiment to be bearish.
Updated to mid-November 2013
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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