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
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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.
Styrene news and market information products from ICIS
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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.
Jiangsu styrene monomer (SM) prices showed a “∨” trend from the beginning of January 2014 to the end of March 2014. The market was weighed on by weak fundamentals in the first two months of the quarter but later found support from firm futures.
The prices ranged at yuan (CNY) 10,750-12,100/tonne ex-tank Zhangjiagang throughout the past three months, with the highest price seen in the beginning of January 2014. The prices bottomed at CNY10,750 ex-tank Zhangjiagang on 27 February.
SM prices went down sharply from the beginning of January to the end of February, in line with weakening downstream demand because of the Lunar New Year holiday. The inventory in east China increased to a three-year high of 330,000 tonnes. Consequently, traders held a bearish sentiment and pushed for lower prices.
The SM price rebounded slightly from the beginning of March in line with an upbeat market outlook due to an upcoming maintenance season. The port inventory decreased slowly with less domestic and overseas supply and improved downstream demand. Moreover, traders with long position also bought lots of futures which led the SM prices to rise.
Updated to Q1 2014
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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