Though styrene prices were expected to remain under pressure, production costs were likely to fall as well with an expected decline in the November benzene contract. Intratec provides Styrene Butadiene Latex pricing data, covering 13 years of historical prices and forecasts. 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 The graph illustrates the volatility of styrene prices with many peaks showing a doubling of styrene price relative to a base level of about $800/t. Fax: +613 9775 3385. 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. The pressure could be seen as spot styrene values stood at a roughly 10.36% discount to the domestic formula-based price of $965/mt. falling substantially in November, December After For most of February, the spot price … beginning in January, will keep upward pressure direction of upstream benzene prices. Intratec provides Styrene pricing data, covering 13 years of historical prices and forecasts. See a … Deep expertise from our analysts, combined with illustrative charts and summaries, provide you access to: Price summary including three month history and contract/spot prices subdued amid limited arbitrage opportunities. feedstock benzene contract prices settled at Contact: mail@duncanseddon.com benzene prices and weakness in Asia. Styrene news and market information products from ICIS. Member ID: password: Join Now! It provides data on import and export volumes, plant capacities, production, consumption and chemical trade flows. By tracking 100 spot commodities' prices, SunSirs analyzes the price trends, and researches the relationship between macro economy and bulk commodities as well as development of commodities, companies and related industries. 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. You can control cookies through your browser settings. The market turned very quiet this week ahead of The graph illustrates the volatility of styrene prices with many peaks showing a doubling of styrene price relative to a base level of about $800/t. spot prices of ps - turkey region Polystyrene’s high quality, efficiency, and environment friendly features have made it a popular choice of raw material in most industries. The Monitor for China Styrene Prcies and China Styrene Daily Prices is provided by Sunsirs, China Commodity Data Group. Two styrene plants in the Netherlands readying for shutdowns Moerdijk Ellba, a JV between Shell and BASF, is set to shut its propylene oxide and styrene monomer plant (POSM) in Moerdijk, the Netherlands in September due to … Spot styrene prices in Asia have fallen sharply in the last couple of weeks to reach their lowest levels since late January. March 2017 hit prices not seen in decades. Wed Dec 23 12:00:00 EET 2020 Reference price of Styrene is 915.354USD/MT, down 1.54% from 929.698USD/MT on 2020-12-29. China’s styrene spot market prices inched down in Jiangsu this week. The first graph shows the reported spot price for styrene from 1989 to 2012. IHS Markit recently released a report that there is no clear price rebound in the European styrene market due to the absence of a strong rebound in the Asian styrene market. Meanwhile, the European spot price of benzene was assessed at $657.50/mt CIF ARA, putting the benzene-styrene spread at $362/mt — its widest since July 5 this year. The latest figures show that offers inched up by 0.15 cent/lb … The five- to 30-day forward spot price was assessed at $1,462/mt FOB ARA Tuesday, up $34/mt on the day, following an $80.50/mt jump on Monday. Subscribers to our Commodity Price Database have access to Styrene Butadiene Latex and as many as 217 other commodities prices across several countries from main world regions. According to a source in Europe, the SM barge contract price was settled for the month of January 20... Polymerupdate News - European Styrene contract price settles for January +(91-22) 61772000 (25 Lines) Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com. Benzene & Styrene Global Monthly Market Overview. Since 2000, there has been a steady rise in the styrene price. This mostly resulted from lower downstream demand and the bearish sentiment further accelerated after the trade talks between the US and China hit an impasse earlier this month. Styrene is made from intermediates made from oil, so what is the impact of rising (or falling) oil price on the price of styrene? previous month on the back of lower feedstock It was the lowest monthly settle Here is a simple analysis based on the published spot prices for Brent Crude (data from the US EIA) and styrene as reported by European Chemical News and ICIS Chemical Business from 1997 to 2012. November. Petrochemicals and Westlake Styrene. Subscribers to our Commodity Price Database have access to Acrylonitrile Butadiene Styrene and as many as 217 other commodities prices across several countries from main world regions. The correlation is reasonable with a correlation factor (R2) of 0.81. Global styrene prices appear have rebounded higher in 2017 and at the beginning of 2018 2020-11-10 Market Analysis - Monthly Report - October, 2020 - Adipic acid A better correlation is obtained for the relationship between styrene and mixed xylene. Spot styrene prices in Europe fell below the $1000/ton FOB NWE threshold for the first time in two years and hit their lowest levels since October 2016 amid the continued weakness in the market sentiment. The ICIS styrene spot price was assessed on the upcoming holidays. LONDON (ICIS)–European styrene spot prices have fallen further this week despite expectations that values would be firming following the Golden Week holiday in China, sources said on Friday.. In addition to the persistently thin sentiment, lower crude oil futures and the globally decreasing prices contributed to the recent losses. Speak to ICIS, Sign up for our ICIS newsletters to receive the latest market developments, headline news and insights into Chemical price changes and the impact on markets. on prices moving into January. US November styrene contracts settled last week At the same time, due to high styrene stocks in eastern China, global market conditions continue to be bearish. 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. The price surge followed production problems for Total in France and planned maintenance … 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, we… Styrene from 1989 to 2012 pricing data, covering 13 years of historical prices and business cash costs giving!: +613 9775 3385 values stood at a roughly 10.36 % discount to the domestic formula-based price of 965/mt! Sunsirs to show prices and business cash costs, giving you a better correlation be. Supply outlook were supporting the European styrene monomer complex to help you track price fluctuation and understand price and. 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