Chemical Updates

India Styrene Monomer / FOB Korea Benzene at $955.33/mt / Domestic styrene offers at Rupees 140/kg / CFR China Styrene at $1,117.50/mt / India Styrene Monomer Weekly Rationale

Jul 18, 2026

The prices in the Indian styrene monomer market rose in the week to July 17, tracking the China market and amid thin trading activity. the weekly styrene monomer CFR India marker up $115.50/metric ton from the last assessment at $1,192.50/mt on July 17, under offers heard in the range $1,240- $1,260/mt CFR India from buyers and sellers. The premium to CFR China was up $10/mt week over week at $75/mt on July 17, amid a significant rise in domestic prices week over week. Spot discussions rose in the week as the US-Iran conflict intensified again, with sellers citing higher offers for China-origin material. Offers were heard at about $1,240- $1,280/mt CFR India levels. “Offers have increased this week, and we are offering at about $1,280/mt CFR India levels,” said a...

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