Whichever regional Styrene markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Styrene markets are provided by our network of reporters based locally in those markets.
Use ICIS information to:
- See what’s driving prices
- Understand fluctuations
- Feed into your own analytical models
- Confidently negotiate deals
- Underpin settlements and contracts
Styrene Europe Transcript
The European styrene report at ICIS is a weekly report. It comes out every week on a Friday and it’s a mixture of spot and contract prices.
The spot, we look at the current month and the forward month. The contract several barge numbers are settled. They’re fairly straightforward between a buyer and a seller.
We also have the customer reference price, and that’s slightly different. It’s more of a round-robin process between several consumers and one large seller.
Now the ICIS report in Europe for styrene is the benchmark, so it’s quite widely used. A lot of people set contracts to the numbers, and it’s widely regarded as a reference.
We speak to a lot, a lot of different sized players, the big sellers all the way down to the smaller consumers. And that’s really the best way to get a comprehensive view of the market and where it is that week.
Styrene news and market information products from ICIS
We offer the following regional Styrene coverage to keep you informed of factors and developments affecting prices in the Europe Styrene marketplace.
Price Reporting – More information about the price reports we publish on Styrene
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Price History – More information about the historical price data we publish on Gas
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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 Q3 2016
The European styrene market saw a sharp €125/tonne drop on the July barge settlement, in line with plummeting spot prices over the course of June following a sharp and sudden upturn towards the end of May 2016.
Spot numbers initially held steady in July, with firm Asian pricing and some potential domestic availability constraints limiting any downward movement, but later started to come down.
The contract for August was agreed at a rollover, with the lower spot numbers counteracted by higher raw material costs. There was further downward movement in the spot market over August, and feedstock costs also lost ground ahead of September.
The barge settlement for September was agreed at a reduction of €20/tonne, and the build-up of length in the European market made it the lowest-priced region for styrene for the first time since January 2015.
The ICIS weekly European styrene report comes out every Friday and it is a mixture of spot and contract prices.
With spot, our reporters look at the present month and the forward month, and for contract there are several barge numbers that are settled and are fairly straightforward between a buyer and a seller.
The ICIS report in Europe for styrene is widely used as the benchmark reference.
ICIS speaks to small to medium-sized businesses, from the big sellers all the way down to the smaller consumers. We regard this as the best way of getting a comprehensive view of the market.
If you require a daily styrene price we also produce a daily Aromatics report for Europe which provides you with in-depth pricing information, news and analysis, including a view of the latest styrene prices to keep you informed of the factors and developments affecting the European marketplace on a day-to-day basis.
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.
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.
Over 25 years of reporting on key chemicals markets, including Styrene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.