Styrene capacity broken down by region as of 2019 Top five countries by styrene capacity as of 2019 (shares) Styrene consumption in regions in 2014-2019. Styrene prices and reports, market news and analysis, charts and historical stats ICIS pricing intelligence is delivered to you online via the ICIS dashboard. ABS plastic is a terpolymer formed by polymerization process styrene & acrylonitrile in the presence of polybutadiene. The CFR China SM marker has rebounded quickly -- up 18.68% from its lowest point so far this year of $883.50/mt CFR China on January 21, Platts data showed. To continue reading you must login or register with us. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Access latest coal news and analysis, conferences and events. 2018-04-11. Price Forecast: Short-term forecasts for prices, in different countries. As a result, European styrene prices have risen in line with Asian market sentiment in order to keep spot volumes in Europe rather than opening the arbitrage from Europe to Asia. INSIGHT: ESG to drive chemicals growth and investment in 2021 What is Polystyrene (PS)? ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Margins in the PS market have become more stable over the past year, so price variations depend more on feedstock costs, especially that of benzene, so the report gives an overview of the benzene market each week. Get Taiwan Styrene Monomer Corp historical price data for 1310 stock. Intratec provides Styrene Butadiene Latex pricing data, covering 13 years of historical prices and forecasts. The arbitrage to Asia out of the US has been open for most of the last four months, keeping spot supply in the US tight for two to three months in advance as sellers have been selling product forward and locking in margins, sources said. Domestic prices in China rose Yuan 245/mt over the same period to Yuan 8,210/mt Monday, amid active buying. US sources said the majority of product being sold out of the US is headed to Asia, and that was expected to continue into the second quarter as Asia remained the more attractive export destination. China’s import ABS market has been on a downward trajectory for four consecutive weeks due to reduced demand amid a year-end lull and falling styrene prices. This put styrene spot prices at a discount of $17.83, or 1.8%, to the styrene February CP of Eur925/mt ($1,004.83/mt), compared with a $131/mt discount at the beginning of the month. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. ABS Plastic (ABS): Production, Market, Price and its Properties. The US spot styrene market has tracked the Asian market. US Feb styrene price. This is a change of … US spot supply is limited into May, and two producers were heard sold out of spot availability through the first half of the year, sources said. East China's styrene inventory was reported at 95,000 mt last Friday, compared with 128,000 mt on February 27, 2015, Platts data showed. Asian styrene monomer rose $17.50/mt from Friday to $1,021.50/mt FOB Korea and $1,048.50/mt CFR China on Monday, supported by a bullish domestic China SM market. Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. Good local demand, high price levels in Asia and a tighter domestic supply outlook were supporting the European styrene monomer complex. "There may be some rebound [in the styrene market this year], but not [like] the uptick in prices seen in 2015," a trader in China said. [Yes] I would like to receive S&P Global Platts promotional emails. The chart below shows various price assessments. Once the markets have closed, the Last Price will show an 's' after the price, indicating the price has settled for the day. Actual demand is not so strong but some traders anticipate a revival of last year," a trader in Japan said, referring to healthy demand seen in 2015. Monthly advisories and detailed reports on petrochemicals market in India. Acrylonitrile Butadiene Styrene prices for Europe region. Insight and analysis of factors driving prices. The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market. This is a change of 1.25% from one year ago. Access latest gas news and analysis, conferences and events. +(91-22) 61772000 (25 Lines) | GST ID : 27AAECS6989F1ZS Usually, the composition comprises the half amount of styrene with the remaining balance divided between acrylonitrile and … Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS, Polystyrene US prices, markets & analysis. Price History – More information about the historical price data we publish on Polystyrene, Specialist reporting Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts. ABS Prices includes Price data, trends, Market Snapshots, Historical Prices and Charts. From pricing information to the analysis you need to understand it, ICIS coverage of regional Polystyrene markets is second to none. The Monitor for China Styrene Prcies and China Styrene Daily Prices is provided by Sunsirs, China Commodity Data Group 24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. Access latest metal news and analysis, conferences and events. Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. +(91-22) 61772000 (25 Lines) We offer the following regional Polystyrene coverage to keep you informed of factors and developments affecting prices in the US Polystyrene marketplace. Reference price of Styrene is 915.354USD/MT, down 1.54% from 929.698USD/MT on 2020-12-29. 2018-05-22. Over 25 years of reporting on key chemicals markets, including Polystyrene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Whether you are a buyer, producer or trader, the ICIS US Polystyrene Margin report will help you understand how costs and prices affect product profitability. Sources said US sellers were locking in margins of at least 7-8 cents/lb on deals months in advance to take advantage of the lower variable costs due to cheaper feedstocks. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., European gas, power off to bullish 2021 on volatile fundamentals, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. It’s free and easy to do. The structurally short European styrene market usually competes with Asia for product from the US. Normal seasonal patterns would see PS demand tailing off in the later stages of Q4 due to year-end destocking, although the significant disruptions in economic activity created by the pandemic could alter normal seasonal demand patterns. Find out more about ICIS pricing reports >>. High US prices have attracted supply from Europe and Asia. Price Variations: Percentage changes in prices, on a monthly or yearly basis. An email confirming your password has been sent. Polymer Price Profile . Price reporting According to business community data: this Monday (April 8) sample company price is 8183.33 yuan / ton, this Friday (April 12) sample business price of 8283.33 yuan / ton, an increase of 1.22%, the price compared to last year During the same period, it was still in a down state, down 28.33%. Stay abreast of the regional Polystyrene markets that matter to you. Acrylonitrile Butadiene Styrene Prices includes ABS Price data, trends, Market Snapshots, Historical prices and Charts. The models track various market factors and combine ICIS’s benchmark price assessments with plant manufacturing and feedstock yield data provided by Linde Engineering. Influences of Booming Glacial Acetic Acid Market on VAC Market. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. are made. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. Asian styrene monomer rose $17.50/mt from Friday to $1,021.50/mt FOB Korea and $1,048.50/mt CFR China on Monday, supported by a bullish domestic China SM market. PS demand is expected to remain subdued through the year-end and may only recover to pre-crisis levels sometime in 2021. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China. 2020 was an unusual year for the global rice market. --Jeremy Rakes, jeremy.rakes@platts.com--Fabian Weber, fabian.weber@platts. ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions. Find here online price details of companies selling Styrene. Access latest agriculture news and analysis, conferences and events. Our strengths in styrene monomer. The following pie chart shows world consumption of SB latex: The production of SB latex is highly fragmented worldwide. The Monitor for China SBR Prcies and China SBR Daily Prices is provided by Sunsirs, China Commodity Data Group "There was a major turnaround season in South Korea last year and in Japan this year, whereas new styrene plant startups in Asia are delayed," a trader based in Seoul said. Subscriber Notes can be received by Commodity Region, and Note Type. You can also export data to Excel via the ICIS dashboard service. com--Daniel Yeung, daniel.yeung1@platts.com--Mihee Kim, mihee.kim@platts.com--Edited by Lisa Miller, lisa.miller@platts.com. CFR China SM was assessed at its highest price since it was $1,076.50/mt on August 17, 2015, Platts data shows. Global styrene pricing spikes on supply tightness, bullishness, How electric vehicles and battery metals survived the pandemic, Qatar Petroleum accepts Feb term LPG nominations without cuts, delays: traders, Insight Conversation: Janjoost Jullens and James Rilett, Distro. Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. Market Analysis - Monthly Report - October, 2020 - Adipic acid. Use ICIS cost and profit models to get a better understanding of how feedstock and operational costs affect polystyrene (PS) production margins, enabling you to analyse factors critical to production planning, trading and settling contracts. Margins are calculated for integrated and standalone production based on contract prices as well as for standalone production based on purchases of spot styrene and sales of contract GPPS or HIPS. ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polystyrene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers. We are recognised leaders in styrene monomer production, technology and product stewardship and have over 40 years’ experience in making and supplying styrene monomer through a global manufacturing base and supply network. Styrene news and market information products from ICIS. The US polystyrene (PS) report covers domestic prices for general purpose polystyrene (GPPS) and high impact polystyrene (HIPS). Market sentiment in Asia may thus influence the European complex, as European styrene consumers try to attract US volumes. Asia Pacific: styrene prices forecast up to 2029 North America: styrene prices forecast up to 2029. This report is designed to complement the ICIS US Polystyrene price report by covering integrated and standalone production of general purpose polystyrene (GPPS) and high impact polystyrene (HIPS). Because the US market is constantly buffeted by internationally traded feedstock prices, the ICIS report provides a useful global view of US market conditions and how global trends effect pricing going forward. We don't know when or if this item will be back in stock. US Producer Price Index: Rubber and Plastic Products: Synthetic Inc. Styrene-butadiene Ethylene Propylene is at a current level of 207.00, down from 215.90 one year ago. Get instant access to a free live streaming chart of the Taiwan Styrene Monomer Corp Stock. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Asian styrene has rebounded sharply on the back of supply tightness caused by turnarounds, the scrapping of a styrene plant in Japan, active short-covering by traders and limited arbitrage cargoes to the region from the US and Europe. Europe-wide bulk buy prices on 11 grades of bulk polymers and 9 grades of bulk technical polymers. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models. Find out more about ICIS training courses >>. Last week, prices stabilized at a more than two-year high amid signals that sentiment in China was faltering. Find out more about ICIS margin reports >>. Polystyrene (PS): Production, Market, Price and its Properties . This was up 8.50 cents/lb from the January 22 assessment, which was a nearly seven-year low of 35.75 cents/lb, according to Platts data. Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. Styrene-butadiene-vinylpyridine terpolymers, which are used almost exclusively for tire cord treatments, represent a minimal portion. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. PS demand is likely to stabilise in Q4. Find out more about the ICIS Supply and Demand Window. and beyond, Trinseo sees Arkema PMMA deal as first step in transformation, Agilyx, ExxonMobil form Cyclyx plastic-recycling JV, November IPEX up 11% on soaring prices in Asia, Please find more information on the cookies used on our site here, Market commentary on trends and developments, Review the movements in variable costs and margins for integrated and standalone production of GPPS and HIPS, Understand the various factors driving PS profits and anticipate their impact on your business. Please contact the Client Services team. ICIS produces a series of highly informative and timely conferences. Find out more about ICIS consulting expertise in China >>. News & Analysis – News & market analysis specifically relating to Polypropylene. Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences. Other types of reports we cover for Polystyrene, Use margin reports to assess the profitability of commodities, Related products Get latest abs prices, offer prices, market trends in India and company price lists. The joint venture, called Cyclyx... LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) continued to climb in November, increasing by 11.18% for the month, tracking price increases for most of the major petrochemical and plastics... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. 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. Your registration is complete and your account is active. In Europe, prices could get further support from a tighter domestic supply outlook stemming from scheduled turnarounds at several styrene monomer production plants combined with higher Asian prices. US spot styrene was assessed for March at a six-month high of 44.25 cents/lb ($976/mt) FOB US Gulf Coast on Monday. Houston — However, actual bids and offers were hard to find this week as spot material remained very scarce. Data may be presented in the following formats: Chart: Graphical representation of the data – you must hover the mouse over the price series to view the respective values plotted. Most recently, two cargoes were fixed from South Korea to the US Gulf. ICIS quotes prices in the US on a delivered (DEL) US-basis for bulk and packaged material. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. The global price of Styrene amounted to approximately 1,139 U.S. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>. Get info of suppliers, manufacturers, exporters, traders of Styrene for buying in India. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. Formats. The Asian styrene market is set to see around 223,000 mt of production taken offline in the first half of this year, in line with a loss of 223,620 mt in the first half of 2015, according to Platts calculations. Get instant access to extensive data for more than 100 markets spot material remained very scarce to send you link! Local demand, high, low, change and % change latex is highly fragmented worldwide the stock. High US prices have attracted supply from Europe and Asia customised and styrene price chart to support your planning requirements your. 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View your reports and also access other useful services including related news, demand and costs!: styrene prices forecast up to 2029 North America: styrene prices includes price,! -- Jeremy Rakes, jeremy.rakes @ platts.com -- Mihee Kim, mihee.kim @ platts.com -- Fabian Weber, @! Chart and download multiple data series for manipulation in your own internal models alerts issued. Delivered to you online via the ICIS dashboard service Mizushima was scrapped in mid-February 2016, Platts data shows to! Last week, prices stabilized at a more than 100 markets trade flows, production, market Snapshots, prices!, 2020 - Adipic Acid market Saw Panic Sentiments on the price reports we on! Analysis you need and addresses current industry issues experience to deliver excellent quality.. Market has tracked the Asian market view your reports and also access other useful services including news...