With China’s Styrene prices moving in different directions, it is critical for market players to be informed on the changing dynamics and market sentiments. Published and derived by our local industry experts, our on-the-ground price reporting, insights and data analytics solutions provide the following:
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Updated to Q4 2018
Styrene monomer (SM) domestic prices moved down in April, with lower buying interest. Prices dropped a lot because inventories at ports did not drop as expected, and some participants were less confident of the market outlook.
In May, prices rebounded because of decreased local port inventories and firmer crude oil values. Prices at Huaxicun Commodity Exchange continued to rise, also stimulated SM domestic prices.
Downstream demand for SM remained firm, supporting prices. In early June, prices rose further with short spot supply and lower inventories.
We offer the following regional Styrene coverage to keep you informed of factors and developments affecting prices in the China 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 Styrene
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Other types of reports we cover for Styrene
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News & Analysis – News & market analysis specifically relating to Styrene
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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.
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Styrene is mainly used in the manufacture of homopolymers and copolymers. Its predominant use is in polystyrene (PS)
ICIS publishes weekly pricing information for China’s volatile styrene markets. The report gives you access to the latest import CFR China main ports and domestic ex-tank prices for a more reflective view of the market.
The report also includes market commentaries such as hot topics and changes in government policies, as well as plant production statuses and weekly inventory levels, to help industry players understand the drivers of the price movements and changes in this market.
Together with each pricing report subscription, ICIS now provides the following diagnostic and prescriptive solutions for China Styrene, to help you make critical business decisions in and out of China and plan for the future:
The ICIS Supply and Demand Database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up until 2040 for styrene in China. 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.
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