For clear insight into regional Styrene markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Updated to Q3 2018
US styrene production returned to normal levels in mid-June for the first time in 2018. As a result, supply was much improved by the start of the third quarter. Cosmar began a planned turnaround around 8 September at its 1.18m tonne/year plant in Louisiana, which removed half of its production for the remainder of the quarter. The turnaround also cut domestic production by 11.5%.
Domestic and export demand was strong in the third quarter. Downstream markets including paints and coatings and styrene-butadiene-rubber were strong in the third quarter. July exports to Mexico, Taiwan and China were up sharply from the same month a year ago. During the first seven months of 2018, exports to Turkey were almost five times higher than the same period a year ago.
We offer the following regional Styrene coverage to keep you informed of factors and developments affecting prices in the US 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
Related products – You might also be interested in the information we publish on these related products
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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.
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 settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
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.
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.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
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.
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.
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.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
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ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
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Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
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 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)
Ethane (or naphtha) with steam is fed into the cracker unit where ethylene and co-products (propylene, butadiene, benzene, etc.) are made. The ethylene and benzene from the cracker are then further processed (catalytic alkylation) to make ethylbenzene.
The ICIS US styrene report is widely read by majors as a benchmark in the aromatics / petrochemical sector. This is crucial because many companies trust ICIS in how we assess the market.
They can pretty much put their business in our hands because of our accuracy and reliability, it can affect their outlook for a month, a quarter or even an entire year.
The US gulf (USG) styrene report includes a monthly contract price and a weekly spot price. We cover all bases in ensuring the accuracy of this report.
We talk to buyers, we talk to producers, we talk to brokers, we talk to traders and we talk to shipping experts when it comes to this market and that is precisely why you should actually read the US Gulf (USG) styrene report from ICIS.
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.
Whether you are a buyer, producer or trader, the weekly ICIS US Styrene Margin report will help you understand how costs and prices affect product profitability.
The report covers integrated styrene production, from naphtha and benzene feedstocks, and standalone styrene production, from ethylene and benzene feedstocks, using contract and spot models.
The models track various market factors, including feedstock prices and business cash costs, giving you a better understanding of market dynamics. They combine ICIS’s benchmark price assessments with plant manufacturing and feedstock yield data provided by Linde Engineering.
The Styrene Margin report enables you to:
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