India Styrene Monomer: Local prices supported by tight margins / Domestic styrene offers heard at 173 rupees/kg / Benzene FOB Korea down $42.34/mt

Oct 31, 2026

the weekly styrene monomer CFR India marker at $1,589.50/metric ton on Oct. 30, up $12/mt from the previous assessment. The premium to CFR China declined $1/mt week over week to $164/mt. In the domestic market, ex-tank offer levels at key Indian ports were reported at 173 rupees/kg, up 6-8 rupees/kg from the previous week. An India-based seller said styrene prices have seen “significant volatility,” dropping from 175 rupees/kg to around 165-166 rupees/kg before rebounding to 173 rupees/kg over two weeks. “The benzene-styrene spread has narrowed considerably, resulting in a sharp increase in domestic styrene prices,” an Indian producer said. the CFR China styrene monomer marker at $1,425.50/mt, up $44.50/mt day over day. Upstream market fundamentals remained supportive, with assessing the Asian benzene marker at $1,198.33/mt FOB Korea, down $42.34/mt week...

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