ICIS provides extensive coverage of the Styrene market. Weekly reports are published in Asia, China, Europe and the US. ICIS publishes monthly margin reports for Asia, Europe and the US as well as 12-month rolling series reports. The margin reports include short-term and long-term market analysis.
Weekly reports cover contract and spot assessments over the week and at the close of business on Friday. Our locally based expert reporters use market intelligence to give commentary on deals, international trade, production news, supply and demand trends, as well as upstream and downstream developments. The up-to-date source of information is a reliable and vital tool in the decision-making process for your business.
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Styrene news and market information products from ICIS
We offer the following regional Styrene analysis and news coverage to keep you informed of factors and developments affecting prices in the Styrene marketplace.
Price Reporting – More information about the price reports we publish on Styrene
Independent price assessments and market coverage by region
Price forecasts - Concise monthly forward-looking market outlook reports, detailing prices, supply & demand and trade for the next 12 months.
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Price History – More information about the historical price data we publish on Styrene
Track historical price data
Other types of reports we cover for Styrene
Use margin reports to assess the profitability of commodities
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.
Styrene: Market overview
Updated to Q3 2018
The supply tightness is likely to ease as China’s SM plants have mostly returned from turnarounds. An increase in flows of SM cargoes from Europe and the US into Asia has further added to availability of spot cargoes, but this could slow as arbitrage economics were increasingly unattractive.
An increase in supply in the region is expected to keep a lid on SM prices and help polystyrene (PS) and expanded polystyrene (EPS) margins recover. Some market participants expect demand to pick up over the third quarter, but the mood has been dampened due to the US-China trade war, resulting in thin trade.
The shifting pattern of global trade flow as a result of antidumping measures imposed by China looks set to remain a talking point in the European styrene market. There is anticipation of impactful changes to import and export dynamics in the months to come, with increased US imports and Asian exports.
Demand for styrene in Europe is decent in a balanced market, with the outlook steady to softer because of the upcoming summer holiday period in July and August. Buying interest from the key polystyrene (PS) and expandable polystyrene (EPS) sectors should increase in September as activity ramps up after the summer.
The US styrene market is entering the third quarter at full production, following heavy turnarounds during the first two quarters. There are no planned outages in the US during the third quarter. With replenished inventories in their systems, producers that conducted turnarounds have returned to normal contract and spot sales.
Demand for arbitrage shipments remains strong, while demand in downstream markets, including PS, EPS and acrylonitrile-butadiene-styrene (ABS), is steady-to-strong. Exports will continue to largely move to Mexico, Europe and South America during the quarter. China’s final ADD decision in June raised tariffs for the five US styrene producers.
News & analysis
Styrene news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
- Market commentary on trends and developments
- Transactions reported and confirmed
- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
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ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
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ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
Supply and Demand Window on ICIS Dashboard
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
ICIS Chemical Business magazine
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
Market Studies & Analysis
Supply & Demand Data
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
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ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
ICIS launches Global Styrene Markets General Methodology Consultation more >>
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.
Styrene Asia Weekly Margin Report Methodology
Styrene Europe Margin Report Methodology
Styrene US Margin Report Methodology
Pure styrene is a colourless to yellow, oily liquid that evaporates easily and has a sweet smell. Styrene is highly flammable, forms explosive mixtures in air, is dangerous when exposed to flame, heat or oxidants and on decomposition, emits acrid fumes.
Styrene is mainly used in the manufacture of homopolymers and copolymers. These include polystyrene (PS), expandable polystyrene (EPS), styrene copolymers (such as acrylonitrile-butadiene-styrene (ABS) resins, styrene-acrylonitrile (SAN) and styrene-butadiene latexes), styrene-butadiene rubber (SBR) and unsaturated polyester resins.
Styrene is produced predominately by ethylbenzene (EB)-based technology. EB is first made by the catalytic alkylation of benzene with ethylene and then dehydrogenated to styrene. The coproduction of styrene with propylene oxide (PO) by the PO/SM process had been gaining popularity.