Asian Styrene Monomer: Prices fall on weaker crude / SM prices fall $50/mt tracking weaker crude / PCS schedules 2027 cracker maintenance shutdown

Nov 05, 2026

Styrene monomer FOB Korea and CFR China at $1,360/metric ton and $1,300/mt, respectively, on Nov. 4, down $50/mt day over day, tracking upstream crude lower. The December EB2612 SM futures contract listed on the Dalian Commodity Exchange shed 279 yuan/mt at 9,727 yuan/mt Nov. 4 at 3 pm Beijing time. "The styrene market weakened on the day tracking the weakness in the crude market," a China-based analyst said. The front-month January ICE Brent futures contract shed $2.49/b to $104.03/b on Nov. 4 as of the Asian close at 4:30 pm Singapore time. Crude oil futures were rangebound to lower in afternoon Asian trade Nov. 4, following signals of progress in US-Iran diplomacy amid the US midterm elections. Downstream, offers were heard lower as styrene prices fell, polystyrene and ABS trade...

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