ICIS offers unrivalled coverage for the emerging styrene industry.
Use ICIS information to:
- Follow price fluctuations and drivers
- Monitor supply/demand dynamics
- Input into your own internal analytical models
- Negotiate contracts using a direct price reference
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 Asia Styrene marketplace.
Price Reporting – More information about the price reports we publish on Styrene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
Other types of reports we cover for Styrene
Use margin reports to assess the profitability of commodities
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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 Q2 2018
Tight supply pushed spot prices of styrene (SM) higher in the quarter. A heavy turnaround schedule within China, compounded with a dearth of deep sea cargoes as well as lower-than-average inventory levels led to limited availability of spot cargoes, particularly within China. The antidumping duty (ADD) imposed on cargoes from South Korea, Taiwan and the US since February 2018 exacerbated the situation as overall imports were greatly reduced.
Demand was muted, defying expectations of an upswing in buying interest over April-June. The second quarter typically sees firmer demand in the region due to the manufacturing season. As supply was poised to tighten, end users were willing to purchase more SM in anticipation of higher prices. Later on, as spot prices hit multi-year highs, downstream production margins suffered, with buyers lowering run rates. Some end users were offering term SM volumes in the spot market.
Asia Styrene Pricing Report
ICIS publishes daily and weekly price assessments, market news and analyses for the Asian styrene market, all in a single report subscription. Whether you are a buyer, trader or seller, our pricing information gives you access to time-sensitive deals, offers/bids and price movements. Historical pricing data is also available.
Our report includes all of the following:
- CFR (cost & freight) prices for southeast Asia, northeast Asia and China
- FOB (free on board) Korea prices
- East China ex-tank prices
- East China ex-tank forward prices
- Supply/demand and trading activity in the region
- Upstream ethylene and benzene markets
- Plant production/shutdown schedules
To provide a holistic view of prices, a subscription to the report gives you access to historical pricing data and a table of confirmed deal prices (CFR China) for the next three months, broken down into half months.
Global styrene supply and demand database
ICIS’ online database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up until 2030 for styrene around the globe. The service combines fully reconciled supply/demand, trade, capacity and ownership data to give you multiple views of the market from a global, regional or country specific perspective.
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.
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.