Indian Styrene: Prices rise on higher replacement costs / FOB Korea Benzene at $1,247/mt / Domestic styrene offers at 161-162 rupees/kg

Oct 12, 2026

The Indian styrene monomer market strengthened during the week ended Oct. 9, supported by a sharp rise in domestic prices and higher replacement costs. the weekly styrene monomer CFR India marker at $1,590/mt on Oct. 9, up $77/mt from the previous assessment, under the lowest offer heard at $1,620/mt CFR India and amid a significant week-over-week increase in domestic prices. The premium to CFR China rose $18/mt week over week to $162/mt on Oct. 9. “Styrene prices have increased sharply due to higher replacement costs. Additionally, the Chinese market has seen prices rise by around 9%-12% following its reopening [after the Golden Week holidays] on Oct. 8,” said a Delhi-based importer. “Feedstock prices in China have also moved higher, contributing to the increase in styrene prices,” an Indian seller said....

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