Styrene Monomer Prices: Kandla Updates

India Styrene Monomer: Prices stable amid ongoing contract discussions; year-end lull - FOB Korea Benzene stable at $655.67/mt - Domestic Kandla offers stable at Rupees 87-88/kg

Jun 04, 2026

The Indian styrene market remained stable for the week ending Dec. 19, amid rising spot offers and stable demand. The weekly styrene monomer CFR India marker down $5.50/mt from the last assessment at $836.50/mt on Dec. 19. The premium to CFR China was stable week over week at $31/mt on Dec. 19, above corroborated buying ideas at CFR China plus $25/mt. An offer of $850/mt CFR India was heard during the Market on Close assessment process, with buying levels heard around CFR China plus $25 from several Indian buyers. Spot trade activity was thin as market participants preferred to wait while contract discussions were in full swing.

“We sold last month, however, not offering for January shipments,” said a sell-side source. “2026 contract discussions are at similar levels as of...

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

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