processing...

Blog Details

Asian Styrene Monomer: Prices weaken on nearterm bearish outlook  / Persistent high inventory levels in China depress prices  / Surplus expected in South Korea

Asian Styrene Monomer: Prices weaken on nearterm bearish outlook / Persistent high inventory levels in China depress prices / Surplus expected in South Korea

Jun 06, 2026

Styrene monomer CFR China and FOB Korea markers at $811.50/metric ton and $801.50/mt Oct. 24, both down $9/mt from the previous assessment, tracking the decline in the domestic China market. The front-month December EB2512 styrene monomer futures contract listed on the Dalian Commodities Exchange was at Yuan 6539/mt Oct. 24, falling Yuan 35/mt day over day as of the close of the afternoon trading session at 3 pm Beijing time. Despite firmer crude prices, a China-based buyer attributed the decline in styrene futures to market participants’ bearish outlook on the styrene market. “I believe styrene inventory levels are just too high. East China port levels are around 200,000 mt now, and subsequently volumes from Jilin Petrochemical [which has recently started] will arrive at ports [leading to further inventory accumulation]. Even...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.

Login to Continue