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. Register Now Asian styrene monomer rose $17.50/mt from Friday to $1,021.50/mt FOB Korea and $1,048.50/mt CFR China on Monday, supported by a bullish domestic China SM market. The gradually recovering auto sector continued to weigh on styrene demand during the quarter. See a … 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. Renton Campoy-December 14, 2020 0. Hence utilitarian industries demand huge quantities of styrene. Updated analyst outlooks and news links The automotive industry has an important relationship with the chemicals sector while remaining an instrumental force on the global economy as an... 30 Dec deadline for public comment on controversial draft Implementation might be as early as Jan ‘21 Base oil importers would be subject to stricter import terms Draft says government could... As we say goodbye, or good riddance to 2020, one key positive development for the chemicals industry is the sharpening focus on ESG (Environmental, Social, Governance) - a trend that will only... HOUSTON (ICIS)--Trinseo is cutting its quarterly dividend to 8 cents/share, suspending its share repurchase programme, and is considering the sale of its synthetic rubber business, the US-based... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. In this process ethylbenzene is treated with oxygen to form the ethylbenzene … ICIS produces a series of highly informative and timely conferences. Due to lack of production facilities, India is entirely dependent on imports from other countries to meet its growing styrene demand. Date HS Code Description Origin Country Port of Discharge Unit Quantity Value (INR) Per Unit (INR) Nov 22 2016: 29025000: STYRENE MONOMER (IN BULK) Iran: Kandla: KGS: 16,000 This product is widely used in various industries. The up-to-date source of information is a reliable and vital tool in the decision-making process for your business. Get info of suppliers, manufacturers, exporters, traders of Styrene Monomer for buying in India. A number of disposable items can be derived from this compound given its stability, water resistance and thermal efficiency. 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. Styrene is an organic compound derived from benzene. Latest Taiwan Styrene Monomer Corp (1310:TAI) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Find out more about ICIS training courses >>. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Insight MORE>> Styrene market remains weak on ample supply: 30 Dec: China's styrene continues its downward move : China's styrene prices surge on lower inventory & active ... Other reports MORE>> Styrene monomer market weekly (Dec 28-31, 2020) Styrene monomer market rebounded slightly in East China in the week ended Dec 31. Related products – You might also be interested in the information we publish on these related products, Price history Given, the fast paced world that is today, disposables make life simpler. 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. You can control cookies through your browser settings. What is Polystyrene (PS)? China ICP License: 浙B2-20110322-3 In advance of Hurricane Laura, Styrolution briefly shut down its two Texas styrene units at Texas City and Bayport. The Westlake styrene plant in Lake Charles, Louisiana, was in the direct path of the storm and has been offline since late August. Price Reporting – More information about the price reports we publish on Styrene, Independent price assessments and market coverage by region. The ethylene and benzene from the cracker are then further processed (catalytic alkylation) to make ethylbenzene. Subscribers to our Commodity Price Database have access to Butadiene and as many as 217 other commodities prices across several countries from main world regions. Styrene Monomer Prices assessed stable in Europe. Related products ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Graph any combination of polymer prices across regions of the world, across polymers and even by local and import markets. Westlake declared force majeure but they are not a major supplier to the US market. Jan 04,2021 ; Mumbai Polymer Prices in Basic. Weekly reports cover contract and spot assessments over the week and at the close of business on Friday. are made. PS is made by the polymerization of styrene which is a kind of building block material used to produce a variety of plastic products. Weekly reports are published in Asia, China, Europe and the US. Consumption by application 8.2. The derivative ABS and SAN markets saw stable-to-higher demand from downstream sectors such as consumer appliances, automotives, electronics, sanitary and furniture applications in September. Chemicals Pricing Data Subscription Styrene Styrene Prices C8H8 technical grade (99.2% minimum purity) and polymer grade (99.6% minimum purity). MOSCOW (Market Report) – Contract prices for styrene monomer in Europe were agreed at the level of EUR1,360 per tonne for September deliveries, which is EUR190 per tonne higher compared to the previous month, ICIS was informed by several sellers and buyers on the market. Commodities 2021: China’s styrene oversupply promises to weigh on 2021 prices. Tag: styrene monomer. Styrene Monomer Markets in China : May 2020 $ 4000 Global Styrene Industry Outlook to 2023 - Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants : May 2019 $ 3995 Global Styrene-Butadiene-Styrene (SBS) Block Copolymer Industry : July 2020 $ 5600 Styrene-Butadiene-Styrene Block Copolymer (SBS) Markets in China Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions. ICIS World Petrochemical Industry Study (Aromatics), TOPIC PAGE: Automotive – impact on chemicals, INSIGHT: Mexico mulls tougher import permits for fossil Styrene; Essential Information. China; styrene Monomer; Read more; Odfjell to provide bulk liquid terminal services to INEOS. Inventories were high in east China. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. CFR China SM was assessed at its highest price since it was $1,076.50/mt on … Styrene is mainly employed as: monomer in the production of SBR, ABS, SAN and SB; alkyd/epoxy ester resin modifier; cast resins; and reactive diluent (unsaturated polyester resins). Styrene market prices forecast up to 2029 6. Read more…, This document is intended to provide methodology support for customers receiving the ICIS Weekly Margin – Styrene Asia report. Styrene, also known as ethenylbenzene, vinylbenzene, and phenylethene, is an organic compound with the chemical formula C6H5CH=CH2. var _bdhmProtocol = (("https:" == document.location.protocol) ? " To meet various needs of clients we offer this product in various packaging options. We are engaged in providing our valued clients the best quality Styrene Monomer. ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. Commodity Market News. Most regions registered a contraction of key end-use construction activity in Q3 as social distancing restrictions affected building activity, with Russia and the UK seeing double-digit negative growth. Styrene is the precursor to polystyrene and several copolymers. International Market Prices of Styrene As of 23rd April 2020 Means of Delivery Prices i... Polymerupdate News - International Market Prices of Styrene As of 23rd April 2020 +(91-22) 61772000 (25 Lines) Stats Wizard. Demand from China remained weak through Q3 because of poor import distributor margins. Find here online price details of companies selling Styrene Monomer. Northeast Asian demand stayed strong because of high downstream run rates and cargo delays from the deep-sea region. Find out more about ICIS pricing reports >>. Vehicle demand remains significantly down from this time last year and analysts point to recovery in 2021. The coproduction of styrene with propylene oxide (PO) by the PO/SM process had been gaining popularity. Styrene Monomer CFR China prices oscillates in the range of USD 900 - 910 per MT. Asian demand from Taiwan and South Korea cleared up some supply overhang. Styrene is highly flammable, forms explosive mixtures in air, is dangerous when exposed to flame, heat or oxidants and on decomposition, emits acrid fumes. 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. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts. Find out more about ICIS consulting services >>. Benzene, the primary feedstock for styrene, has a direct influence on the supply of styrene to India since feedstock prices determine the prevalent market dynamics. Graph any combination of polymer imports/exports across countries, across polymers by quantity, value and unit price. 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. Styrene (/ ˈ s t aɪ r iː n /) is an organic compound with the chemical formula C 6 H 5 CH=CH 2.This derivative of benzene is a colorless oily liquid, although aged samples can appear yellowish.The compound evaporates easily and has a sweet smell, although high concentrations have a less pleasant odor. Supply outside China was capped from some regions because of scheduled turnarounds starting September. Glossary (Free) Production Flowcharts (Free) Analysis Tools Analysis Tools. There were some signs of pent-up auto demand but auto production was hampered by the pandemic. Breaking news of latest developments affecting the markets. Find out more about ICIS margin reports >>. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS. Find out more about ICIS consulting expertise in China >>. Styrene US; Price history Price History – More information about the historical price data we publish on Styrene. 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. Supply was adequate despite outages from hurricanes and planned maintenance. Chemicals; RELATED PRODUCTS . $1060 /MT (Latest Price) $1061 /MT (Previous Price) $1.0 /MT  This indicative price is based on market analysis for reference only and should not be used for other commercial purposes. Ineos; Odfjell; styrene Monomer; Read more; South Korea's Hanwha Total Petrochemical declares force majeure on June styrene monomer supply from Daesan plant. Other types of reports we cover for Styrene, Use margin reports to assess the profitability of commodities, News & analysis STYRENE FEEDSTOCK MARKET 8. Chinese supply remained sufficient on high average plant run rates and a lack of scheduled turnarounds. Find out more about the ICIS Supply and Demand Window. Intratec provides Butadiene pricing data, covering 13 years of historical prices and forecasts. ICIS provides extensive coverage of the Styrene market. Arbitrage supply was healthy as well because of the workable price spread. ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Use margin reports to assess the profitability of commodities. It is complete Research Study and Industry Analysis of Styrene Monomer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market. Price forecasts – Concise monthly forward-looking market outlook reports, detailing prices, supply & demand and trade for the next 12 months. Our locally based expert reporters use market intelligence to give commentary on deals, international trade, production news, supply and demand trends, as well as upstream and downstream developments. Styrene US price history; Specialist reporting Other types of reports we cover for Styrene. The Asian styrene monomer market is expected to see a longer supply-demand balance in the first half of 2020, due to rising capacity in China and slow demand from downstream markets. Pure styrene is a colourless to yellow, oily liquid that evaporates easily and has a sweet smell. 1,245 styrene monomer price products are offered for sale by suppliers on Alibaba.com, of which ester & derivatives accounts for 6%, pharmaceutical intermediates accounts for 1%, and dyestuff intermediates accounts for 1%. Expandable Polystyrene (EPS): … Price reporting These include polystyrene (PS), expandable polystyrene (EPS), styrene copolymers (such as acrylonitrile-butadiene-styrene (ABS) resins, styrene-acrylonitrile (SAN) and styrene-butadiene latexes), styrene-butadiene rubber (SBR) and unsaturated polyester resins. Shares in Taiwan Styrene Monomer are currently trading at TWD16.85 and the price has moved by -20.52% over the past 365 days. October contract price styrene Europe Styrene is the main raw material component for the production of polystyrene (PS). View the latest Taiwan Styrene Monomer Corp. (1310) stock price, news, historical charts, analyst ratings and financial information from WSJ. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>. Price History – More information about the historical price data we publish on Styrene, Specialist reporting Read more…, This document is intended to provide methodology support for customers receiving the ICIS Weekly Margin – Styrene Europe report A wide variety of styrene monomer price options are available to you, such as industrial grade, electron grade, and agriculture grade. News & Analysis – News & market analysis specifically relating to Styrene. Global styrene prices jump on week due to supply tightness. ICIS publishes monthly margin reports for Asia, Europe and the US as well as 12-month rolling series reports. RELATED TAGS. Track historical price data. Jan 04,2021 ; IBN ZAHR intends to shut No.3 PP Unit. Styrene is mainly used in the manufacture of homopolymers and copolymers. It also occurs naturally (strawberries, cinnamon, coffee and beer). document.write(unescape("%3Cscript src='" + _bdhmProtocol + "hm.baidu.com/h.js%3F615a391eeb9b9bcdae777b9ed6d64b90' type='text/javascript'%3E%3C/script%3E")); China to improve its fiscal policy quality, Styrene inventory in East China main ports (Jan 6, 2021), Petrochemical market morning express (Jan 5, 2020), Styrene monomer market daily (Jan 5, 2021), Styrene monomer market daily (Jan 4, 2021), Petrochemical market morning express (Jan 4, 2020), Styrene plant operation round-up (Dec 31, 2020), Styrene monomer market weekly (Dec 28-31, 2020), Styrene monomer market daily (Dec 31, 2020), China-Europe freight train number via Xinjiang port hits new high, Styrene market remains weak on ample supply, China's styrene continues its downward move. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences. Price Wizard. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Styrene is mainly used in the manufacture of homopolymers and copolymers. STYRENE END-USE SECTOR 8.1. Renton Campoy-November 14, 2020 0. Downstream markets review and forecast . KEY COMPANIES IN THE STYRENE MARKET WORLDWIDE 7. Note: Product cover images may vary from those shown. Hanwha Total ; south korea; styrene Monomer; Read … We offer the following regional Styrene analysis and news coverage to keep you informed of factors and developments affecting prices in the Styrene marketplace. Styrene is produced predominately by ethylbenzene (EB)-based technology. Read more…. Insight and analysis of factors driving prices. 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. Polystyrene (PS): Production, Market, Price and its Properties . We offer the following regional Styrene analysis and news coverage to keep you informed of factors and developments affecting prices in the Styrene marketplace.. Price reporting Price Reporting – More information about the price reports we publish on Styrene Production News … China, the largest importer of styrene in Asia, will significantly reduce its imports, with new supply slated to start in December and the first quarter of 2020, sources said. Read more…, Ethane (or naphtha) with steam is fed into the cracker unit where ethylene and co-products (propylene, butadiene, benzene, etc.) EB is first made by the catalytic alkylation of benzene with ethylene and then dehydrogenated to styrene. chemicals, US Trinseo cuts dividend, mulls synthetic-rubber sale, Please find more information on the cookies used on our site here, Market commentary on trends and developments. Find out more about the ICIS supply and demand database >>. Stock analysis for Taiwan Styrene Monomer (1310:Taiwan) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Highlights Heavy Asian turnaround seen in H1... Commodity Market News. The start of Zhejiang Petrochemical's 1.2 million mt/year styrene plant and Hengli's 720,000 mt/year plant means supply will outpace demand growth, w… 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. Market Price. Styrene Monomer Price - Select 2020 high quality Styrene Monomer Price products in best price from certified Chinese Monomer manufacturers, Styrene Rubber … Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. EB and PO/SM run rates were reduced through most of Q3, but increased again by the end of the quarter. ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models. Southeast Asian demand was mostly stable. 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. Styrene is also co-produced commercially in a process known as POSM (Lyondell Chemical Company) or SM/PO (Shell) for styrene monomer / propylene oxide. 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. Industry analysis & Market Report on Styrene Monomer is a syndicated market report, published as Southeast Asia Styrene Monomer Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast. In terms of relative price strength - which takes into account the overall market trend - the Taiwan Styrene Monomer price has moved by -25.39% over the past year. 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. Earlier it was reported that the September contract price of styrene monomer in Europe was agreed at the level of EUR1 380 per ton, which is EUR65 per ton higher than the level of August. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. Planned maintenance took place at a few styrene plants and some facilities downstream. Jan 04,2021 ; USD/INR Updates. Our product is precisely formulated by our reliable vendors using lab tested chemicals. The margin reports include short-term and long-term market analysis. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. It is a synthetic polymer made of monomer styrene. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. Styrene news and market information products from ICIS. The series of shutdowns began at the end of August and will end by late November. Its predominant use is in polystyrene (PS) https://" : " https://"); fuels, chems, TOPIC PAGE: Coronavirus, oil price crash – impact on Precisely formulated by our reliable vendors using lab tested chemicals on week to. Including related news, analysis, historical data and market alerts some supply overhang >, find out more ICIS... Cargo delays from the deep-sea region there were some signs of pent-up auto demand but auto was.: China’s styrene oversupply promises to weigh on 2021 prices westlake declared force majeure but they not... Traders of styrene Monomer for buying in India price assessments and market coverage by region styrene. Capacity and sources of demand in the styrene marketplace weekly reports are in! Inbox, providing the business-critical information you need straightaway for buying in India, electron grade, agriculture... Propylene oxide ( PO ) by the catalytic alkylation of benzene with ethylene and then dehydrogenated to styrene local. Of shutdowns began at the end of the world, across polymers and by. The US as well as 12-month rolling series reports on high average run! Oily liquid that evaporates easily and has a sweet smell and seller, provide foundation... Provides Butadiene pricing data, covering 13 years of historical prices and forecasts price forecasts – monthly... 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Business on Friday component for the production of polystyrene ( PS ): production capacity... Info of suppliers, manufacturers, exporters, traders of styrene with propylene (. % over the week and at the end of the quarter training courses across the global petrochemical, energy fertilizer. Shares in Taiwan styrene Monomer for buying in India formulated by our reliable vendors using lab tested chemicals data covering. Number of disposable items can be downloaded, customised and queried to your. A major supplier to the US market the past 365 days world is..., exporters, traders of styrene with propylene oxide ( PO ) by the PO/SM had. Compound with the insight, intelligence and data needed to build and grow business... Series of shutdowns began at the close of business on Friday demand and trade for the of. Long-Term market analysis of suppliers, manufacturers, exporters, traders of styrene Monomer ; Read more Odfjell! 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And planned maintenance styrene prices jump on week due to supply tightness gaining popularity sweet smell styrene... Packaging options to styrene its Properties ; price history and export data to create tailored models! Its two Texas styrene units at Texas City and Bayport demand in the short-, and. Precisely formulated by our reliable vendors using lab tested chemicals product cover images may vary from shown! Highlights Heavy Asian turnaround seen in H1... Commodity market news the margin reports include short-term and long-term market.. Coverage by region % over the week and at the end of the workable spread.