Asian Styrene Monomer: Prices track domestic China market lower / China's low inventories shift buyer sourcing / Thailand faces tight supply, higher prices

Oct 12, 2026

Styrene monomer FOB Korea and CFR China at $1,488/metric ton and $1,428/mt Oct. 9, down $21/mt day over day, tracking the movement in the domestic China market. The November EB2611 SM futures contract listed on the Dalian Commodity Exchange fell 139 yuan/mt to 10,553 yuan/mt at 3 pm Beijing time Oct. 9. “Styrene prices came off on the day after yesterday’s surge,” a China-based buyer said. Key chemical futures contracts listed on commodity exchanges in China rose Oct. 8 to hit their daily upper trading limits, bolstered by some short-covering activity, regional buyers, traders and analysts said. China’s SM inventories remain low, leading buyers to source other Northeast Asian-origin cargoes, a China-based analyst said. Elsewhere, Thailand’s styrene supplies were heard to be balanced, a trader based in Southeast Asia said....

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