ICIS offers unrivalled coverage for the emerging styrene industry.
Updated to Q2 2019
Styrene availability from northeast Asia is likely to stay tight for both April and May because of scheduled maintenances. Arbitrage cargoes could stay limited as well for the early quarter because of the closed export window for Europe and US cargoes. However, tightness should start to ease from June following the completion of shutdowns all across the world. Production volumes from SM units not under maintenance will be high because of positive margins.
Northeast Asian styrene demand is likely to fall from end-May and early June onwards, as buyers are mostly left with May requirements to fulfil before the restarts of some units after their scheduled maintenance in South Korea and Taiwan mostly. Buying should still be robust in April and May from this region. Separately, Chinese import demand is likely to stay weak until May because of high trader inventories at east China and ample production volumes from domestic producers.
We offer the following regional Styrene coverage to keep you informed of factors and developments affecting prices in the Asia Styrene marketplace.
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Styrene is mainly used in the manufacture of homopolymers and copolymers. Its predominant use is in polystyrene (PS)
This document is intended to provide methodology support for customers receiving the ICIS Weekly Margin – Styrene Asia 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.
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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.
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