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.
Updated to Q4 2019
Europe styrene is expected to remain well supplied, with more material than the market can absorb because of weak demand in a fragile economic environment. Imports are expected to continue to weigh down on availability. Two major outages are expected to end by the middle of November, and an unplanned outage should have restarted by then; but this will come while end-of-year demand will tail off, so supply length will be exacerbated.
The combination of planned and unplanned outages, along with reduced end-of-year demand should keep overall styrene consumption in Q4 fairly steady with Q3. Global macroeconomic uncertainty is likely to remain a constant through the final months of 2019, which will keep styrene demand slow in Europe. A reduction in consumption of single-use plastics will sap offtake from a section of the market.
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
Independent price assessments and market coverage
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
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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.
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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.
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 Europe report
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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