India Styrene Market Update & Prices

India Styrene Monomer: CFR India falls tracking China market; India market remains tight / FOB Korea Benzene at $764.67/mt / Domestic Kandla offers fall to Rupees 102/kg

Jun 03, 2026

The Indian styrene market remained stable in the week ending Feb. 6, amid stable demand and continued tightness. the weekly styrene monomer CFR India marker down $14/mt from the last assessment at $1,039/mt on Feb. 6. The premium to CFR China was stable week over week at $68/mt on Feb. 6, under an offer heard at CFR China plus $80- $85/mt and above corroborated buying ideas at CFR China plus $60/mt. Offer levels were heard at CFR China plus $80-$85/mt, while buy indications were at CFR China plus $60/mt. Dollar-denominated trading remained thin as several sellers were sold out and buyers awaited March offers. Offers for China-origin cargoes were heard at $1,070-$1,080/ mt CFR India for March cargoes. “There is a shortage of material for February; however, from March, once...

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