Asian PS: Prices rise tracking firm upstream styrene / Styrene monomer rises amid lower China stocks / Buyers delay purchases expecting price drops

Oct 03, 2026

GPPS CFR China at $1,470/mt Sept. 30, up $30/mt week over week. Earlier in the week, a trade was heard in the CFR China market for 50-100 mt of GPPS at $1,480/mt. “This week, there was a significant increase in both benzene and styrene prices,” a Northeast Asia-based producer said, citing the rise in feedstock as the reason for higher transacted prices. Upstream, styrene monomer CFR China and FOB Korea at $1,394/mt and $1,434/mt on Sept. 30, up $8/mt day over day, supported by lower inventories in China. In crude, the front-month ICE November Brent futures contract lost $3.10/b to $102.91/b on Sept. 30 as of the Asian close at 4:30 pm Singapore time. “We’re estimating demand for October to be average. Due to current high prices, most customers will...

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