Styrene Monomer Market Analysis: India

India Styrene Monomer: CFR India rises, tracking China market; local demand stable / FOB Korea Benzene at $663.67/mt / Domestic Kandla offers fall to Rupees 81.50-82/kg

Jun 06, 2026

The Indian styrene market remained mixed for the week ended Nov. 14, amid stable spot offers and rising inventory levels. the weekly styrene monomer CFR India marker up $19/mt from the last assessment at $831/mt Nov. 14. The premium to CFR China was up $2/mt week over week at $25/mt on Nov. 14, at an offer and buying idea matched at CFR China plus $25/mt. Offers of CFR China plus $25/mt were heard during the Market on Close assessment process, with buying levels heard at the CFR China plus $15-$20/mt range from Indian buyers. “Trades are happening around CFR China plus $25/mt levels as well, as the average costing is falling around Rupees 74-75/kg, so these are good levels to buy,” said a Kolkata-based trader. “We have bought for November...

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