Chemical Updates

Asian Styrene Monomer: Prices gain on tight supply outlook / Styrene prices track crude oil / Southeast Asia faces tighter spot supply: sources

Aug 29, 2026

styrene monomer CFR China at $1,177.50/ metric ton on Aug. 28, up $11.50/mt day over day, tracking the movement in the domestic China market. The October EB2610 SM futures contract listed on the Dalian Commodity Exchange gained 100 yuan/mt day over day to 8,639 yuan/mt on Aug. 28 in the afternoon trading session at 3 pm Beijing time. Styrene prices took cues from crude oil, a China-based buyer said. The front-month ICE October Brent futures contract gained $1.90/barrel on the trading session to $89.39/b on Aug. 28, as of the Asian close at 4:30 pm. Negotiations between Washington and Tehran remain stalled following a fresh round of US sanctions, though efforts by Iran, Oman and Qatar to ease tensions and restore limited transit through the Strait of Hormuz, alongside Tehran’s...

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