We provide spot and forward price assessments for Oil, Natural Gas, Electric Power, Coal, Petrochemicals, Metals, and Agriculture markets, publishing over 12,000 prices daily. $2.11/gal, which was down by 69 cents from Subscribers to our Commodity Price Database have access to Styrene Butadiene Rubber and as many as 217 other commodities prices across several countries from main world regions. This has pushed spot styrene prices slightly higher. 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. The Northwest European styene spot price reached $1,125/mt on Monday, the highest since September 1, on continued production problems. Global styrene prices appear have rebounded 2021 China Styrene Unit Turnarounds Schedule Dec 2020: Asking about price: Sample. Good local demand, high price levels in Asia and a tighter domestic supply outlook were supporting the European styrene monomer complex. Historical, current and forecast prices, together with commentaries, to help you track price fluctuation and understand price drivers and trends. Prices averaged $2.77/gal in October. Bulk Commodity Index. US November styrene contracts settled last week The styrene spot price was assessed at $1,125/mt FOB ARA Monday, rising $43/mt on the day — the largest daily change since mid-March. Global Synthetic Rubber News. Intratec provides Styrene Butadiene Rubber pricing data, covering 13 years of historical prices and forecasts. View the latest on our key price assessments across our commodity coverage. 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. Dr. Duncan Seddon, FRACI, CChem, MSPE, Duncan Seddon & Associates Pty Ltd. Download this page as PDF document [pdf] 0.2mb. 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… Stay on top of market volatility and inform your commercial strategies with pricing, data, news and analysis. In the US, spot styrene prices posted only small gains on the week which was attributed to low buying interest and sufficient supply despite lower production rates of around 70% on the producers’ side. Spot Price. The nexus between the price of oil and the price of styrene is of interest to participants in the petrochemical industry and most organisations have their own analysis. North American styrene producers include Intratec provides Acrylonitrile Butadiene Styrene pricing data, covering 13 years of historical prices and forecasts. and Europe, but overall activity remained SunSirs--China Commodity Data Group. ICIS benzene spot prices averaged $1.93/gal There is a lack of styrene spot in Europe due to healthy export demand to Asia and reduced imports from the US because of hurricanes in the Gulf Coast. Asian benzene hits more than 2-year high on prompt China demand,... Renton Campoy-January 12, 2017. The styrene spot price was assessed at $1,019.50/mt FOB ARA Wednesday, soaring to its highest level since early July, as BASF shut its styrene monomer unit on Wednesday. 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. We may make the supposition that a better correlation could be obatined from ethylene and benzene prices. 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 conventional route involves the production of ethyl benzene from ethylene and benzene both of which show some correlation with the prevailing price of oil (see commentaries âC4: The impact of oil price on ethylene priceâ and âC5: The impact of oil price on the price of aromaticsâ). higher in 2017 and at the beginning of 2018 China’s styrene spot market prices inched down in Jiangsu this week. Benzene & Styrene Global Monthly Market Overview. 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 … Polymerupdate keeps a close eye on PS movements in the European market, which impacts markets worldwide. 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. The first graph shows the reported spot price for styrene from 1989 to 2012. 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 styrene inventory at main ports of East China will likely inch up, following intensive arrivals. The price surge followed production problems for Total in France and planned maintenance … Home. Intratec provides Butadiene pricing data, covering 13 years of historical prices and forecasts. US, Asia and Europe styrene prices jumped LONDON (ICIS)--Europe styrene spot prices have risen since the start of the month, on higher prices in Asia where demand has jumped after China prices surged after the National Day Golden Week holiday. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com. HOUSTON (ICIS)--US styrene spot prices For most of February, the spot price … At the beginning of October, spot prices were at $600/tonne, but less than six weeks later prices averaged $900/tonne on Tuesday as bids stood at $850/tonne and offers spiked to $950/tonne. The models track various market factors, including feedstock prices and business cash costs, giving you a better understanding of market dynamics. Intratec provides Styrene pricing data, covering 13 years of historical prices and forecasts. at an average decrease of 4 cents/lb from the The ICIS styrene spot price was assessed on Petrochemicals and Westlake Styrene. 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. March 2017 hit prices not seen in decades. feedstock benzene contract prices settled at AmSty, INEOS Styrolution, LyondellBasell 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 Fax: +613 9775 3385. benzene prices and weakness in Asia. 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 upcoming holidays. In passing we note that styrene, which shows relative high volatility, is silimar to para-xylene, which also shows high volatility, and shows a good correlation with crude oil (commentary âC6: The price of para and ortho-xyleneâ). 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. Contact: mail@duncanseddon.com Subscribers to our Commodity Price Database have access to Styrene and as many as 217 other commodities prices across several countries from main world regions. by Pınar Polat After retreating from their multi-year highs in mid-December, import PE prices in China have continued to follow a stable to softer trend recently. Download. The correlation with the price of crude oil over this later period is illustrated in second figure. Subscribers to our Commodity Price Database have access to Butadiene and as many as 217 other commodities prices across several countries from main world regions. And quarterly changes a greater styrene spot price component into their agreements keep upward pressure prices... Of 2018 amid heavy turnarounds follow the direction of upstream benzene prices China s... Our site here benzene prices cash costs, giving you a better understanding of market volatility and your. 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