Asian Styrene Monomer Prices Drop

Asian Styrene Monomer: Prices retreat from near 11-month high; Chinese futures decline / Crude oil price falls / Inventory buildup expected ahead of Lunar New Year

Jun 03, 2026

Asian Styrene Monomer CFR China at $985/metric ton and FOB Korea at $987/mt on Jan. 30, both down $24/mt day over day, following a weaker domestic Chinese market. The March EB2603 SM futures contract listed on the Dalian Commodity Exchange fell Yuan 198/mt day over day to Yuan 7,715/ mt as of 3 pm Beijing time Jan. 30. Prices retreated from near 11-month highs Jan. 29 as crude oil fell, said a China-based producer. “Crude prices have been the focus for the rise in styrene prices over the past few days, so the drop today is significant,” the producer said. Crude oil futures fell in midafternoon trading in Asia on Jan. 30, retreating from near six-month highs. A China-based buyer said downstream demand has slowed, while styrene port inventories are...

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