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Asian Styrene Monomer: Prices lower as crude oil falls  / Spot market thin  / Term contract discussions “difficult”: trader

Asian Styrene Monomer: Prices lower as crude oil falls / Spot market thin / Term contract discussions “difficult”: trader

Jun 06, 2026

Styrene monomer CFR China and FOB Korea markers at $812/mt and $802/mt Nov. 21, both falling $12/mt from the last assessment, tracking weakness in upstream crude oil. The front-month December EB2512 styrene monomer futures contract listed on the Dalian Commodities Exchange was at Yuan 6487/mt Nov. 21, falling Yuan 86/mt day over day as of the close of the afternoon trading session at 3 pm Beijing time. Crude oil futures were trending lower in afternoon Asian or morning European trading on Nov. 21, against a backdrop of Ukraine agreeing to engage with US proposals for an end to the Russia-Ukraine war. The front-month January ICE Dated Brent futures fell $1.40/b to $62.54/b, at the Asian close Nov. 21. In Southeast Asia, discussions remained thin during the week. A producer estimated...

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