Asian Styrene Monomer: Prices stable on thin holiday trade / Southeast Asia freight costs push premiums up / SK picglobal cuts Ulsan plant rate to 75%

Oct 03, 2026

styrene monomer CFR China and FOB Korea at $1,369/metric ton and $1,409/mt Oct. 2, stable day over day, as Chinese markets remain shut for a regional holiday. China’s markets are closed from Oct. 1-7 for the Golden Week holidays. Elsewhere, Southeast Asia premiums were seen elevated amid higher freight costs, regional market participants told . “We still have some styrene demand in the coming months,” a Southeast Asia-based buyer said. “Some traders are offering fixed prices, but in my opinion, fixed prices are very risky now,” a Southeast Asia-based trade source said. Upstream, the front-month December ICE Brent futures contract dropped 58 cents/b to $99.68/b on Oct. 2 as of the Asian close at 4:30 pm Singapore time. Crude oil futures fell during Asian afternoon trading Oct. 2 after settling...

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