Styrene Prices, markets & analysis
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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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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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Insight and analysis of factors driving prices.
Updated to Q2 2014
Jiangsu styrene monomer (SM) prices showed a “V” trend from the beginning of July 2014 to the end of September 2014 on the back of weak demand but decreased inventory numbers.
The prices range between yuan (CNY) 10,450-11,750/tonne ex-tank Zhangjiagagn throughout the past three months with highest number hitting the end of July 2014, and the lowest price come to CNY10,450/tonne ex-tank Zhangjiagang at the beginning of September.
SM prices fluctuated in narrow range in July, although the feedstock benzene firmed and some SM units lowered their operating rate, the downstream demand was still weak in July. The prices decreased slowly from the beginning of August because of weak demand and decreasing benzene value.
As the inventory in east China kept above 250,000 tonnes, traders had a bad attitude regarding the outlook, and the price come to CNY 10,450/tonne ex-tank on 10 September, the lowest price of this year. From then on, the price kept rebounding because the inventory of east China port decreased quickly since fewer import arrived, until the end of September, the price come to CNY11,100/tonne ex-tank Zhangjiagang.
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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