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Ethyl Benzene Price Trend and Forecast

UNSPC code: 12142201
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Historical Data Since 2015
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Forecast for 2026

ethyl benzene Price Trends by Country

usUnited States
beBelgium
cnChina
inIndia
nlNetherlands
arArgentina
mxMexico
caCanada

ethyl benzene Pricing Trends in India: 

  • Northern India ethyl benzene market price trend
  • Southern India ethyl benzene market price trend
  • Central India ethyl benzene market price trend

Global ethyl benzene Spot Market Prices, Trend Analysis and Forecast

Ethyl Benzene Price Trend Q3 2025

In Q3 2025, the global Ethyl Benzene market exhibited moderate stability with regional variations. The price trend for Ethyl Benzene fluctuated by 0.1-17% during the July-September 2025 quarter, influenced by steady feedstock costs, energy prices, and regional supply chain dynamics. Despite some volatility in upstream factors, strong demand from industries such as styrene production, automotive, and construction supported price stability. Ongoing production capacity expansions and supply chain adjustments are expected to help maintain stable prices in the upcoming quarter.

USA

Ethyl Benzene Export Prices FOB Houston, USA.

In Q3 2025, Ethylbenzene prices in the USA decreased by approximately 11.96%, reflecting a notable decline in the global market. The Ethylbenzene price trend in the USA was primarily influenced by fluctuations in upstream feedstock costs and energy prices, which applied downward pressure. Despite the drop, demand from key sectors such as styrene production and other chemical applications helped provide some support to the market.

Supply chain adjustments and logistical improvements also played a role in stabilizing the market to an extent. These factors suggest that the price outlook for Ethylbenzene in the USA may remain under pressure in the upcoming quarter, with the potential for further volatility driven by feedstock dynamics.

Belgium

Free delivered price within the Antwerp, Belgium.

According to PriceWatch, In Q3 2025, Ethylbenzene price in Belgium dropped by approximately 16.40%, reflecting a significant decline in the global market. The Ethylbenzene price trend in Belgium was predominantly driven by fluctuations in upstream feedstock costs and energy prices, which exerted downward pressure on the market. Despite the sharp decline, consistent demand from industries such as styrene production and other chemical applications helped provide some market stability.

Also, supply chain adjustments and logistical improvements helped mitigate the extent of the price drop. Given these factors, the price outlook for Ethylbenzene in Belgium is expected to remain under pressure in the upcoming quarter, with potential for further volatility due to changes in feedstock prices.

Netherlands

Free delivery price within Rotterdam, Netherlands.

In Q3 2025, Ethylbenzene price in Rotterdam, Netherlands decreased by approximately 13.90%, reflecting a significant decline in the global market. The Ethylbenzene price trend in Rotterdam was primarily influenced by fluctuations in upstream feedstock costs and energy prices, which exerted downward pressure on the market. Despite the decline, stable demand from key sectors such as styrene production and other chemical applications helped provide some support.

Supply chain adjustments and logistical improvements also helped limit the price drop. Given these factors, the price outlook for Ethyl benzene in Rotterdam is expected to remain under pressure in the upcoming quarter, with further volatility anticipated due to shifts in feedstock prices.

China

Ethyl Benzene Export Prices FOB Shanghai, China.

In Q3 2025, Ethylbenzene price in China decreased by approximately 1.83%, reflecting a slight decline in the global market. The Ethylbenzene price trend in China was influenced by fluctuations in upstream feedstock costs and energy prices, which exerted some downward pressure on the market. Despite the modest decline, steady demand from industries such as styrene production and other chemical applications helped provide stability.

Supply chain adjustments and logistical improvements also played a role in mitigating the extent of the price drop. Given these factors, the price outlook for Ethylbenzene in China is expected to remain stable in the upcoming quarter, although potential fluctuations may still arise due to feedstock dynamics.

India

Ethyl Benzene Imports Prices CIF Nhava Sheva, India.

In Q3 2025, Ethylbenzene price in India, imported from China, decreased by approximately 0.76%, reflecting a minor decline in the global market. The Ethylbenzene price trend in India was primarily influenced by fluctuations in upstream feedstock costs and energy prices, which applied downward pressure on the market. Despite the slight drop, steady demand from sectors such as styrene production and other chemical applications provided some support.

Supply chain adjustments and logistical improvements helped minimize the extent of the price decrease. Given these factors, the price outlook for Ethylbenzene in India, based on imports from China, is expected to remain relatively stable in the upcoming quarter, although slight fluctuations may still occur due to changes in feedstock prices.

Argentina

Ethyl Benzene Imports Prices CIF Buenos Aires, Argentina.

In Q3 2025, Ethylbenzene price in Argentina, imported from the USA, increased by approximately 1.97%, reflecting a modest rise in the global market. The Ethylbenzene price trend in Argentina was primarily driven by fluctuations in upstream feedstock costs and energy prices, which exerted some upward pressure on the market. Despite the increase, stable demand from industries such as styrene production and other chemical applications helped sustain market stability.

Supply chain adjustments and logistical improvements also contributed to managing the price change. Given these factors, the price outlook for Ethylbenzene in Argentina, based on imports from the USA, is expected to remain relatively stable in the upcoming quarter, although potential fluctuations may arise due to feedstock dynamics.

Canada

Ethyl Benzene Imports Prices CIF Montreal, Canada.

In Q3 2025, Ethylbenzene price in Canada, imported from the USA, increased by approximately 2.49%, reflecting a moderate rise in the global market. The Ethylbenzene price trend in Canada was mainly driven by fluctuations in upstream feedstock costs and energy prices, which exerted upward pressure on the market. Despite the price increase, steady demand from industries such as styrene production and other chemical applications helped maintain market stability.

Supply chain adjustments and logistical improvements also played a role in managing the price change. Given these factors, the price outlook for Ethylbenzene in Canada, based on imports from the USA, is expected to remain relatively stable in the upcoming quarter, though further fluctuations may occur due to changes in feedstock prices.

Mexico

Ethyl Benzene Imports Prices CIF Manzanillo, Mexico.

In Q3 2025, Ethylbenzene price in Mexico, imported from the USA, increased by approximately 2.19%, reflecting a moderate rise in the global market. The Ethylbenzene price trend in Mexico was primarily influenced by fluctuations in upstream feedstock costs and energy prices, which applied upward pressure on the market. Despite the price increase, steady demand from industries such as styrene production and other chemical applications helped maintain market stability.

Supply chain adjustments and logistical improvements also played a role in managing the price change. Given these factors, the price outlook for Ethylbenzene in Mexico, based on imports from the USA, is expected to remain relatively stable in the upcoming quarter, although further fluctuations may occur due to changes in feedstock prices.

Ethyl Benzene Price Trend Analysis: Q2 2025

According to the PriceWatch, Ethyl benzene price index in China fell 5.76% to 1522 USD per MT versus Q1 2025. USA FOB also fell 5.76% to the same 1522 USD per MT, indicating a broad-based market correction. Belgium FD prices declined 7.06% to 1079 USD per MT. Weak summer demand and lower benzene values reversed the Ethyl benzene price Trend. CIF shipments into Netherlands and Mexico decreased with higher inventories.

Canada and Argentina saw marginal cuts. India’s demand slowed due to seasonal factory shutdowns. The Ethyl benzene price Chart moved downward across all regions. Ethyl benzene prices reacted to reduced upstream costs and cooling demand. The Ethyl benzene Market weakened globally amid falling crude and muted downstream pull. 

Ethyl Benzene Price Trend Analysis: Q1 2025

Ethyl benzene price index in China dropped 1.76% to 1615 USD per MT compared to Q4 2024. USA FOB jumped 9.34% to match China at 1615 USD per MT, driven by higher local styrene demand. Belgium FD prices softened slightly by 0.51% to 1161 USD per MT. The Ethyl benzene price Trend in USA turned bullish while China weakened mildly.

CIF imports into Mexico and Netherlands stabilized. Canada’s demand was flat while Argentina saw minor decline. India imports grew amid high production activity. The Ethyl benzene price Chart showed convergence between Chinese and American prices. Feedstock costs stayed elevated, impacting margins. The Ethyl benzene Market entered a tighter phase as supply rebalancing occurred. 

Ethyl Benzene Price Trend Analysis: Q4 2024

Ethyl benzene price index in China rose slightly by 1.48% to 1644 USD per MT versus Q3 2024. USA FOB prices increased 0.48% to 1477 USD per MT while Belgium FD dropped 8.11% to 1167 USD per MT. The Ethyl benzene price Trend diverged across regions as European demand softened. China’s CIF exports to Netherlands and Mexico remained firm but Canada and Argentina saw declining interest.

India continued steady procurement due to strong packaging-grade styrene output. The Ethyl benzene price Chart indicated regional price disparity, with Asia firm and Europe weaker. Lower demand in Belgium reflected slowdowns in local resin markets. Ethyl benzene prices were supported by feedstock tightness. The Ethyl benzene Market outlook stayed neutral as demand patterns varied globally. 

Ethyl Benzene Price Trend Analysis: Q3 2024

Ethyl benzene price index in China surged 10.73% to 1620 USD per MT, reversing previous declines. The USA FOB Ethyl benzene prices also rose 2.30% to 1470 USD per MT. Belgium FD prices reached 1270 USD per MT, a modest 1.44% increase. This upward Ethyl benzene price Trend reflected tighter benzene supply and rising styrene consumption. CIF imports from China to Mexico and Netherlands rose sharply amid supply concerns.

Canada and Argentina displayed consistent demand while India imported aggressively. The Ethyl benzene price Chart turned bullish due to production cutbacks in key Asian plants. Feedstock cost push and limited inventories support Ethyl benzene prices globally. Exporters in China capitalized on favorable market openings. The Ethyl benzene Market recovered with clear demand growth in downstream applications. 

Ethyl Benzene Price Trend Analysis: Q2 2024

Ethyl benzene price index in China fell further to 1463 USD per MT, down 3.11% from Q1 2024. The USA showed a minimal rise of 0.21% to 1437 USD per MT, signaling demand recovery. Belgium FD rose again by 6.64% to 1252 USD per MT, led by regional restocking. The Ethyl benzene price Trend from China remained bearish with oversupply concerns. CIF imports in Netherlands and Mexico improved mildly as inventories were replenished.

Canada and Argentina witnessed limited cargo movement. India’s intake strengthened with styrene production ramp-up. Ethyl benzene prices stayed under pressure due to weak upstream benzene. The Ethyl benzene price Chart showed flattening movement in the Chinese and American markets. Overall, the Ethyl benzene Market sentiment remained cautious due to downstream volatility. 

Ethyl Benzene Price Trend Analysis: Q1 2024

Ethyl benzene price index in China dropped to 1510 USD per MT, down 2.89% from Q4 2023. The USA FOB Ethyl benzene prices also declined by 1.98% to 1434 USD per MT. Belgium FD prices showed strength, rising 11.92% to 1174 USD per MT. Weak styrene demand and lower crude oil affected the Ethyl benzene price Trend negatively.

Chinese exports to CIF countries like Netherlands and Mexico faced weaker intake due to seasonal slowdowns. Canada and Argentina’s imports dropped amid low downstream requirements. India’s demand held steady due to stable styrene consumption. The Ethyl Benzene Price Chart reflects a clear divergence among export hubs. Downstream industries remained under pressure, limiting the strength of the Ethyl benzene Market despite rising freight concerns. 

India ethyl benzene Spot Market Prices, Trend Analysis and Forecast

Ethyl Benzene Price Trend Analysis: Q1 2025

Ethyl Benzene price index in India (CIF) edged down to 1727 USD per MT, a slight 0.29% drop from Q4. China’s FOB price decreased 1.76% to 1615 USD per MT. The Ethyl Benzene Price Trend in India turned mildly negative amid slowing styrene plant runs. Winter conditions in northern India reduced construction-linked demand.

The Ethyl Benzene Price Chart showed slight ease, though prices stayed elevated compared to early 2024. Importers paused aggressive buying due to stabilized inventories. Chinese supply remained uninterrupted, but downstream issues curbed offtake. Indian buyers negotiated short-term deals awaiting further price clarity.

Overall, Ethyl Benzene prices remained supported but lacked upward momentum. The Ethyl Benzene Market sentiment became more balanced with wait-and-watch tactics from both buyers and sellers. 

Ethyl Benzene Price Trend Analysis: Q2 2025

According to the PriceWatch, Ethyl Benzene price index in India (CIF) declined sharply to 1594 USD per MT, down 7.70% from Q1. China’s FOB prices followed suit with a 5.76% fall to 1522 USD per MT. The Ethyl Benzene Price Trend turned clearly bearish due to weaker benzene and ethylene inputs.

The Ethyl Benzene Price Chart dipped sharply as market confidence faded. Slower monomer demand in Indian manufacturing sectors led to stock build-up. Seasonal monsoon-related slowdowns affected transportation and end-user offtake. CIF cargo arrivals from China faced congestion, delaying turnaround times.

Lower crude oil globally added to price pressure. Chinese exporters faced competition from alternate Asian suppliers. Ethyl Benzene prices in India corrected amid a broader commodity pullback. The Ethyl Benzene Market turned bearish with minimal buyer urgency. 

Ethyl Benzene Price Trend Analysis: Q1 2024

Ethyl Benzene price index for India (CIF) dropped to 1549 USD per MT, a 2.15% decrease from Q4 2023. This was in line with China’s FOB price fall to 1510 USD per MT, down 2.89%. Weakness in the Indian styrene monomer sector contributed to the downward Ethyl Benzene price Trend. Feedstock benzene remained soft due to oversupply in Asia.

The Ethyl Benzene Price Chart showed synchronized softening between Indian imports and Chinese exports. Sluggish packaging and construction demand further weighed on Ethyl Benzene prices. Seasonal dullness post-year-end holidays impacted both production and consumption.

Ethyl Benzene Market participants in India remained cautious, limiting purchases to essential volumes. Chinese exporters offered discounts to maintain shipment momentum. Port congestion in India slightly disrupted scheduling, adding to buyer restraint. Overall, the Ethyl Benzene Market in Q1 showed a muted tone with downstream industries absorbing only necessary quantities. 

Ethyl Benzene Price Trend Analysis: Q2 2024

Ethyl Benzene price index in India (CIF) slipped further to 1516 USD per MT, down 2.13% from Q1. China’s FOB price also decreased by 3.11% to 1463 USD per MT. The Ethyl Benzene Price Trend remained bearish as inventory levels in India stayed high. Downstream styrene applications saw no significant pickup due to delayed infrastructure rollouts.

Feedstock benzene and ethylene remained under pressure, which influenced the Ethyl Benzene prices across Asia. The Ethyl Benzene Price Chart reflected mild fluctuations with limited upward push. Chinese producers faced narrowing margins but maintained exports to India. Weak manufacturing activity and slower monomer demand in India reduced offtakes. Ethyl Benzene Market participants leaned toward short-term contracts.

Weather-related logistics issues further delayed some cargo movement. Despite low prices, buyers remained conservative, expecting additional corrections. Q2 concluded with a stable but uninspiring Ethyl Benzene Market outlook in the Indian context. 

Ethyl Benzene Price Trend Analysis: Q3 2024

Ethyl Benzene price index in India (CIF) surged to 1697 USD per MT, a strong 11.94% rise from Q2. Chinese FOB prices also jumped 10.73% to 1620 USD per MT, driven by regional benzene tightening. The Ethyl Benzene Price Trend reversed sharply due to higher crude and upstream costs. Indian downstream styrene consumption recovered with robust festival-season packaging demand.

The Ethyl Benzene Price Chart reflected rapid gains across Asia. Inventories were drawn down as buyers in India rushed to cover before expected Q4 hikes. Logistic delays in China boosted CIF costs. Indian importers increased volumes amid supply fears from other regions. Spot demand from the paints and coatings sector also lifted Ethyl Benzene prices.

Chinese suppliers capitalized on Indian restocking. The Ethyl Benzene Market turned bullish with strong trade activity and price support from both the upstream and downstream sectors. 

Ethyl Benzene Price Trend Analysis: Q4 2024

Ethyl Benzene price index in India (CIF) rose to 1732 USD per MT, up 2.06% from Q3. China’s FOB also saw a minor gain of 1.48% to 1644 USD per MT. The Ethyl Benzene Price Trend remained firm due to continued downstream strength. Indian styrene production stayed elevated with packaging and automotive demand holding firm.

The Ethyl Benzene Price Chart showed regional alignment, with both CIF and FOB strengthening. Freight charges stabilized but remained above average. Indian importers locked in larger volumes fearing early 2025 price hikes. However, the pace of rise slowed compared to Q3 due to better supply availability.

Chinese exporters prioritized India as a key trade lane. Ethyl Benzene Market dynamics pointed to sustained support but without excessive bullishness. Overall, the quarter closed strongly with a healthy importer-exporter balance and stable consumption. 

Global ethyl benzene Supply Chain

Upstream
Downstream
  • Styrene Production
  • Solvent
  • Fuel Additive
Major supplying countries
  • China
  • USA
  • Belgium
Major importing countries
  • Netherlands
  • Mexico
  • Canada
  • Argentina
  • India

India ethyl benzene Supply Chain

Upstream
  • Benzene
  • Ethylene
Downstream
  • Styrene Production
  • Solvent
  • Fuel Additive
Major supplying countries
  • China
  • USA
  • Belgium
Major importing countries
  • Netherlands
  • Mexico
  • Canada
  • Argentina
  • India

Technical Specifications of Ethyl Benzene Price Trends

Product Description

Ethylbenzene is a colorless, flammable liquid that smells like gasoline. It is naturally found in coal tar and petroleum and is also found in manufactured products such as inks, pesticides, and paints. Ethylbenzene is used primarily to make another chemical, styrene. Other uses include as a solvent, in fuels, and to make other chemicals.

Identifiers and Classification:

  • CAS No – 100-41-4
  • HS Code – 29026000
  • Molecular Formula – C8H10
  • Molecular Weight[g/mol] – 106.167


Ethyl Benzene Synonyms:

  • Ethylbenzene


Ethyl Benzene Grades Specific Price Assessment:

  • Purity: 99.7% Grade Price Trend


Ethyl Benzene Global Trade and Shipment Terms

  • Quotation Terms: 15-20 MT (Global), 20-25 MT (China)
  • Packaging Type: 170 Kg Drum


Incoterms Referenced in Ethyl Benzene Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  Ethyl Benzene Export price from China 
FOB Houston  Houston, USA  Ethyl Benzene Export price from USA 
FD Antwerp  Antwerp, Belgium  Ethyl Benzene Free delivered price within the Belgium 
FD Rotterdam  Rotterdam, Netherlands  Ethyl Benzene Free delivered price within the Netherlands 
CIF Nhava Sheva.  Nhava Sheva, India  Ethyl Benzene import price in India from China 
CIF Buenos Aires (USA)  Buenos Aires, Argentina  Ethyl Benzene import price in Argentina from USA 
CIF Montreal (USA)  Montreal, Canada  Ethyl Benzene import price in Canada from USA 
CIF Manzanillo (USA)  Manzanillo, Mexico  Ethyl Benzene import price in Mexico from USA 

*Quotation Terms refers to the quantity range specified for the Ethyl Benzene being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Ethyl Benzene packing, ease of handling, transportation, and storage in industrial and commercial applications.


Ethyl Benzene Manufacturers

Brand Name  Manufacturer 
EBMax™  ExxonMobil Chemical 
N/A  INEOS Styrolution 
N/A   Dow Chemical Company 
N/A   BASF SE 
N/A  LyondellBasell Industries 

Ethyl Benzene Industrial Applications

Ethyl benzene is primarily used as a feedstock to produce styrene, a critical material for plastics, resins, and synthetic rubber. It is also used in the manufacturing of paint solvents, rubber chemicals, and pharmaceuticals. 

Historically, several events have caused significant fluctuations in Ethyl Benzene prices

  • Russia-Ukraine Conflict (2022-Present): Ongoing disruptions to European ethyl benzene and benzene supply chains have caused a dramatic increase in prices and introduced long-term volatility across the ethyl benzene market. 
  • Texas Winter Storm (2021): Unprecedented freezing weather in the U.S. caused significant production halts, leading to temporary price surges in ethyl benzene. 
  • COVID-19 Pandemic (2020): Initially, demand for ethyl benzene decreased due to global lockdowns. However, as industrial activity resumed, prices rebounded sharply, driven by pent-up demand. 
  • Geopolitical Tensions (2018-2019): U.S.-China trade wars caused supply chain disruptions that increased benzene and ethyl benzene prices due to changes in trade policies and tariffs. 
  • Shale Gas Boom (2010s): Increased availability of low-cost ethane from the U.S. led to lower benzene production costs, easing pressure on ethyl benzene prices during this period. 
  • Global Financial Crisis (2008-2009): A sudden drop in industrial demand during the global recession caused a sharp fall in prices.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global ethyl benzene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the ethyl benzene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence ethyl benzene prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely ethyl benzene market data.

Track PriceWatch's ethyl benzene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates global pricing data from commodity exchanges, industry reports, and proprietary databases. 
  • On-the-Ground Intelligence: Insights from market participants, including producers, traders, and end-users, across key production hubs. 
  • Supply Chain Monitoring: Tracking raw material availability (benzene, ethane), production status, and logistical channels. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: Continuous monitoring of global developments such as conflicts, trade disputes, and their potential impact on supply chains. 
  • Natural Disasters: Assessing the effects of hurricanes, winter storms, and other climate-related events on ethyl benzene production. 
  • Economic Shifts: Evaluating macroeconomic trends to predict shifts in demand and their impact on prices. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: Comprehensive tracking of global production facilities, including maintenance schedules and output levels. 
  • Future Capacity Projections: Forecasts of new plants, expansions, and technological advancements in ethyl benzene production.

Demand Forecasting

  • Sectoral Demand Analysis: In-depth analysis of demand trends across key sectors such as styrene production, automotive, packaging, and construction. 
  • Global Demand Dynamics: Regional demand variations and their influence on global ethyl benzene pricing. 

Pricing Model Development

  • Dynamic Pricing Models: Advanced econometric models that factor in real-time data, historical trends, and future market projections. 
  • Scenario Analysis: Evaluating best-case, worst-case, and most likely scenarios to prepare clients for a range of potential outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Detailed reports including price assessments, forecasts, and market driver analysis. 
  • Ongoing Support: Continuous updates and personalized client support to ensure up-to-date market intelligence.

Ethyl Benzene Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for ethyl benzene. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The pricing of Ethyl Benzene is influenced by several key factors, including raw material costs such as benzene and ethylene, which are the primary feedstocks for its production. Additionally, fluctuations in global supply and demand, especially in the petrochemical and styrene production industries (since Ethyl Benzene is a key precursor for styrene), play a significant role in price determination. External elements like crude oil prices, geopolitical instability, energy costs, and trade tariffs can also contribute to price volatility in the Ethyl Benzene market.

Regional production has a notable impact on Ethyl Benzene pricing. Areas with strong local production, such as Asia-Pacific and North America, tend to offer more competitive pricing due to reduced transportation costs and stable supply chains. Conversely, regions that rely heavily on imports, such as parts of Europe or emerging markets, often face higher prices due to shipping fees, import duties, and potential supply chain disruptions. Additionally, local refining capacity and demand for related products like styrene can also influence regional pricing trends.

Recent trends in Ethyl Benzene pricing show an increase in price volatility, driven by fluctuations in the cost of crude oil and raw materials like benzene and ethylene. To secure better rates, companies can consider locking in long-term contracts with suppliers, monitoring crude oil and petrochemical price indices, and exploring bulk purchasing agreements to take advantage of economies of scale. Staying informed about global supply chain conditions and considering alternative sourcing strategies can also help mitigate unexpected price increases.

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