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Styrene Price Trend and Forecast

UNSPC code: 13111048
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
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styrene Price Trends by Country

usUnited States
deGermany
beBelgium
cnChina
inIndia
kwKuwait
saSaudi Arabia
brBrazil
mxMexico
nlNetherlands
sgSingapore
myMalaysia
krSouth Korea

Global styrene Spot Market Prices, Trend Analysis and Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for Styrene Monomer (SM) across top trading regions:

Styrene Monomer (SM) Regional Coverage Styrene Monomer (SM) Grade and Country Coverage Styrene Monomer (SM) Pricing Data Coverage Explanation
Asia Styrene Monomer (SM) Pricing Analysis Styrene (99.6% min Styrene Monomer) FOB Prices at Busan Port, South Korea Weekly Price Update on Styrene Monomer Real-Time Export Prices from Busan Port, South Korea to Global Markets
Styrene (99.8% min Styrene Monomer) CIF Prices at Shanghai Port, China, Importing from Saudi Arabia Weekly Price Update on Styrene Monomer Real-Time Import Prices at Shanghai Port, China from Saudi Arabia
Styrene (99.8% min Styrene Monomer) CIF Prices at Nhava Sheva Port, India, Importing from Kuwait Weekly Price Update on Styrene Monomer Real-Time Import Prices at Nhava Sheva Port, India from Kuwait
Styrene (99.8% min Styrene Monomer) Ex-Kandla Domestic Prices, India Real-Time Weekly Price Update of Styrene Monomer Domestic Prices in Kandla, India
Styrene (99.9% min Styrene Monomer) FOB Prices at Singapore Port, Singapore Weekly Price Update on Styrene Monomer Real-Time Export Prices from Singapore Port, Singapore to Global Markets
Styrene (99.9% min Styrene Monomer) CIF Prices at Klang Port, Malaysia, Importing from Singapore Weekly Price Update on Styrene Monomer Real-Time Import Prices at Klang Port, Malaysia from Singapore
Middle East Styrene Monomer (SM) Pricing Analysis Styrene (99.8% min Styrene Monomer) FOB Prices at Jeddah Port, Saudi Arabia Weekly Price Update on Styrene Monomer Real-Time Export Prices from Jeddah Port, Saudi Arabia to Global Markets
Styrene (99.8% min Styrene Monomer) FOB Prices at Shuwaikh Port, Kuwait Weekly Price Update on Styrene Monomer Real-Time Export Prices from Shuwaikh Port, Kuwait to Global Markets
North America Styrene Monomer (SM) Pricing Analysis Styrene (99.9% min Styrene Monomer) FOB Prices at Texas, USA Weekly Price Update on Styrene Monomer Real-Time Export Prices from Texas, USA to Global Markets
Styrene (99.9% min Styrene Monomer) CIF Prices at Manzanillo Port, Mexico, Importing from USA Weekly Price Update on Styrene Monomer Real-Time Import Prices at Manzanillo Port, Mexico from USA
Europe Styrene Monomer (SM) Pricing Analysis Styrene (99% min Styrene Monomer) FOB Prices at Rotterdam Port, Netherlands. Weekly Price Update on Styrene Monomer Real-Time Export Prices from Rotterdam Port, Netherlands to Global Markets
Styrene (99% min Styrene Monomer) FD Prices at Hamburg, Germany Weekly Price Update on Styrene Monomer Real-Time Domestic (FD) Prices in Hamburg, Germany
Styrene (99% min Styrene Monomer) FD Prices at Antwerp, Belgium Weekly Price Update on Styrene Monomer Real-Time Domestic Prices in Antwerp, Belgium
South America Styrene Monomer (SM) Pricing Analysis Styrene (99.9% min Styrene Monomer) CIF Prices at Santos Port, Brazil, Importing from USA Weekly Price Update on Styrene Monomer Real-Time Import Prices at Santos Port, Brazil from USA

Styrene Monomer (SM) Price Forecasts & Market Foresight Q3 2026

Outlook: Bearish to Strongly Bearish

Confidence: High

Styrene prices are expected to display mixed regional trends during Q3 2026, with North America remaining relatively resilient through August, while Asia, the Middle East, and Europe face broader downward pressure.

Seasonal maintenance, weaker construction activity, cautious procurement, and comfortable inventories are likely to weigh on prices across most regions, although steady demand from packaging, ABS, polystyrene, and automotive applications is expected to provide a degree of support.

European markets may witness a brief recovery in August due to early autumn restocking before easing again in September as supply improves and feedstock costs soften. In Asia and the Middle East, competitive regional production, balanced import availability, and conservative buying are anticipated to limit price recovery despite post-maintenance manufacturing activity and pre-Q4 restocking.

Overall, improving downstream demand toward the end of the quarter is expected to be offset by ample supply and cautious inventory management, keeping the global Styrene market on a mildly bearish trajectory.

Global Styrene Monomer (SM) Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
USA (99.9% min Styrene Monomer) FOB Texas Stable to Bearish
South Korea (99.6% min Styrene Monomer) FOB Busan Strongly Bearish
Saudi Arabia (99.8% min Styrene Monomer) FOB Jeddah Bearish to Strongly Bearish
Netherlands (99% min Styrene Monomer) FOB Rotterdam Mildly Bearish to Strongly Bearish
Mexico (99.9% min Styrene Monomer) CIF Manzanillo (USA) Stable to Bearish
Kuwait (99.8% min Styrene Monomer) FOB Shuwaikh Strongly Bearish
Germany (99% min Styrene Monomer) FD Hamburg Mildly Bearish to Strongly Bearish
China (99.8% min Styrene Monomer) CIF Shanghai (Saudi Arabia) Bearish to Strongly Bearish
Brazil (99.9% min Styrene Monomer) CIF Santos (USA) Stable to Bearish
Belgium (99% min Styrene Monomer) FD Antwerp Mildly Bearish to Strongly Bearish
India (99.8% min Styrene Monomer) CIF Nhava Sheva (KUWAIT) Bearish to Strongly Bearish
India (99.8% min Styrene Monomer) Ex-Kandla Strongly Bearish
Singapore (99.9% min Styrene Monomer) FOB Singapore Bearish to Strongly Bearish
Malaysia (99.9% min Styrene Monomer) CIF Klang (SINGAPORE) Bearish to Strongly Bearish

*Styrene Monomer (SM) Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Styrene Monomer (SM) Forecast

Access comprehensive Styrene Monomer (SM) market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Styrene Monomer (SM) Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in benzene and Ethylene feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global Styrene market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

Track Styrene Monomer (SM) Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Styrene markets.

Access the Price Watch™ GIO Tracker

Styrene Price Trend Q2 2026

In Q2 2026, the global Styrene Monomer (SM) market has experienced significant price growth across major regions due to supply disruptions and elevated production costs. The market has been strongly influenced by the Iran–Israel–U.S. conflict, which has increased energy volatility, feedstock expenses, and logistics uncertainties.

The closure of the Strait of Hormuz has disrupted maritime trade flows, increased freight costs, and tightened regional availability. Export and import markets across Asia, Europe, the Middle East, and the Americas have recorded quarterly price increases compared to Q1 2026 levels. Stronger crude oil values and higher benzene costs have supported upward price movements during the quarter.

However, in June 2026, prices have declined across most regions compared to the previous month as the Islamabad Memorandum has improved geopolitical stability. The reopening of the Strait of Hormuz has enhanced shipping conditions, reduced supply concerns, and eased market pressure.

USA: Styrene Export prices FOB Texas, USA, Grade (99.9% min Styrene Monomer)

In Q2 2026, Styrene prices in USA have advanced sharply due to higher feedstock expenses and supply concerns. The Styrene Monomer (SM) price trend in USA has reflected rising production costs during the Iran–Israel–U.S. conflict.

Q1-2026, Styrene Monomer (SM) prices in USA have established a lower cost baseline before quarterly increases. In Q2 2026, styrene prices in USA have increased by 23.66% compared to the previous quarter. Global logistics disruptions from the Strait of Hormuz closure have increased export costs and supply risks.

Producers have adjusted offers upward amid stronger market uncertainty. In June 2026, Styrene prices in USA have decreased by 17.28% compared to the previous month. The Islamabad Memorandum has improved shipping confidence and reduced supply pressure.

South Korea: Styrene Export prices FOB Busan, South Korea, Grade (99.6% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in South Korea have recorded strong growth across regional export markets. The Styrene Monomer (SM) price trend in South Korea has reflected higher feedstock costs and regional supply constraints. The Iran–Israel–U.S. conflict has increased energy expenses and affected international trade flows.

Q1-2026, Styrene Monomer (SM) prices in South Korea have maintained lower average levels before quarterly gains. In Q2 2026, Styrene Monomer (SM) prices in South Korea have increased by 19.60% compared to the previous quarter. The Strait of Hormuz closure has disrupted shipping schedules and tightened regional availability.

In June 2026, Styrene Monomer (SM) prices in South Korea have decreased by 14.41% compared to the previous month. The Islamabad Memorandum has supported market stabilization and improved cargo movements.

Saudi Arabia: Styrene Export prices FOB Jeddah, Saudi Arabia, Grade (99.8% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Saudi Arabia have moved upward due to elevated production and logistics costs. The Styrene Monomer (SM) price trend in Saudi Arabia has reflected volatility caused by regional geopolitical uncertainty. The Iran–Israel–U.S. conflict has increased pressure on energy markets and export operations.

Q1-2026, Styrene Monomer (SM) prices in Saudi Arabia have maintained lower valuations before second-quarter increases. In Q2 2026, Styrene Monomer (SM) prices in Saudi Arabia have increased by 11.34% compared to the previous quarter. The Strait of Hormuz closure has created shipping challenges and increased freight expenses.

In June 2026, Styrene Monomer (SM) prices in Saudi Arabia have decreased by 5.35% compared to the previous month. The Islamabad Memorandum has improved regional trade conditions and eased supply concerns.

Netherlands: Styrene Export prices FOB Rotterdam, Netherlands, Grade (99% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Netherlands have increased significantly across European export markets. The Styrene Monomer (SM) price trend in Netherlands has reflected higher energy costs and restricted supply availability. The Iran–Israel–U.S. conflict has increased global crude oil volatility and production expenses.

Q1-2026, Styrene Monomer (SM) prices in Netherlands have provided a lower comparative baseline before current quarterly growth. In Q2 2026, Styrene Monomer (SM) prices in Netherlands have increased by 26.52% compared to the previous quarter. The Strait of Hormuz closure has raised freight charges and affected international supply routes.

In June 2026, Styrene Monomer (SM) prices in Netherlands have decreased by 18.15% compared to the previous month. The Islamabad Memorandum has improved logistics conditions and reduced market pressure.

Mexico: Styrene Import prices CIF Manzanillo (USA), Mexico, Grade (99.9% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Mexico have increased notably for imported cargoes. The Styrene Monomer (SM) price trend in Mexico has reflected higher international quotations and rising logistics expenses. The Iran–Israel–U.S. conflict has disrupted global supply chains and increased replacement costs.

Q1-2026, Styrene Monomer (SM) prices in Mexico have created a lower pricing foundation before quarterly gains. In Q2 2026, Styrene Monomer (SM) prices in Mexico have increased by 22.81% compared to the previous quarter. The Strait of Hormuz closure has added freight pressure and affected global cargo availability.

In June 2026, Styrene Monomer (SM) prices in Mexico have decreased by 16.53% compared to the previous month. The Islamabad Memorandum has improved shipping flows and reduced import cost pressure.

Kuwait: Styrene Export prices FOB Shuwaikh, Kuwait, Grade (99.8% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Kuwait have advanced steadily across regional export markets. The Styrene Monomer (SM) price trend in Kuwait has reflected higher energy costs and export logistics challenges. The Iran–Israel–U.S. conflict has increased regional uncertainty and affected supply planning.

Q1-2026, Styrene Monomer (SM) prices in Kuwait have demonstrated lower levels before second-quarter increases. In Q2 2026, Styrene Monomer (SM) prices in Kuwait have increased by 18.59% compared to the previous quarter. The Strait of Hormuz closure has disrupted shipping activities and increased transportation expenses.

In June 2026, Styrene Monomer (SM) prices in Kuwait have decreased by 10.43% compared to the previous month. The Islamabad Memorandum has supported trade normalization and improved supply availability.

Germany: Styrene Domestic prices FD Hamburg, Germany, Grade (99% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Germany have experienced substantial growth across domestic industrial markets. The Styrene Monomer (SM) price trend in Germany has reflected elevated feedstock costs and energy market volatility. The Iran–Israel–U.S. conflict has increased manufacturing expenses and affected European supply conditions.

Q1-2026, Styrene Monomer (SM) prices in Germany have provided a lower comparison point before quarterly increases. In Q2 2026, Styrene Monomer (SM) prices in Germany have increased by 26.42% compared to the previous quarter. The Strait of Hormuz closure has restricted imported material flows and increased procurement costs.

In June 2026, Styrene Monomer (SM) prices in Germany have decreased by 17.52% compared to the previous month. The Islamabad Memorandum has improved shipping reliability and eased market tightness.

China (CIF Shanghai – Saudi Arabia): Styrene Import prices CIF Shanghai (Saudi Arabia), China, Grade (99.8% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in China have recorded steady growth for Middle Eastern import shipments. The Styrene Monomer (SM) price trend in China has reflected higher landed costs and regional supply uncertainty. The Iran–Israel–U.S. conflict has increased energy volatility and affected international trading conditions.

Q1-2026, Styrene Monomer (SM) prices in China have established lower pricing levels before quarterly appreciation. In Q2 2026, Styrene Monomer (SM) prices in China have increased by 17.07% compared to the previous quarter. The Strait of Hormuz closure has increased freight expenses and disrupted maritime transportation routes.

Importers have adjusted procurement strategies amid uncertain supply conditions. In June 2026, Styrene Monomer (SM) prices in China have decreased by 13.54% compared to the previous month. The Islamabad Memorandum has improved shipping conditions and supported market stabilization.

Brazil: Styrene Import prices CIF Santos (USA), Brazil, Grade (99.9% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Brazil have moved upward for imported North American cargoes. The Styrene Monomer (SM) price trend in Brazil has reflected higher international benchmarks and increased replacement costs. The Iran–Israel–U.S. conflict has created supply uncertainty across global chemical markets.

Q1-2026, Styrene Monomer (SM) prices in Brazil have maintained a lower valuation baseline before second-quarter increases. In Q2 2026, Styrene Monomer (SM) prices in Brazil have increased by 22.98% compared to the previous quarter. The Strait of Hormuz closure has affected global logistics and increased shipping expenses.

Importers have faced higher landed costs during the quarter. In June 2026, Styrene Monomer (SM) prices in Brazil have decreased by 16.15% compared to the previous month. The Islamabad Memorandum has improved supply confidence and reduced transportation pressure.

Belgium: Styrene Domestic prices FD Antwerp, Belgium, Grade (99% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Belgium have increased significantly across domestic distribution channels. The Styrene Monomer (SM) price trend in Belgium has reflected elevated energy expenses and higher feedstock costs. The Iran–Israel–U.S. conflict has strengthened crude oil values and increased manufacturing pressures.

Q1-2026, Styrene Monomer (SM) prices in Belgium have remained lower before the recent quarterly expansion. In Q2 2026, Styrene Monomer (SM) prices in Belgium have increased by 25.56% compared to the previous quarter. The Strait of Hormuz closure has limited import availability and increased logistics costs.

Domestic buyers have adjusted purchasing strategies due to supply uncertainty. In June 2026, Styrene Monomer (SM) prices in Belgium have decreased by 17.75% compared to the previous month. The Islamabad Memorandum has supported improved supply conditions and market balance.

India (CIF Nhava Sheva – Kuwait): Styrene Import prices CIF Nhava Sheva (KUWAIT), India, Grade (99.8% min Styrene Monomer)

In Q2 2026, Styrene prices in India have advanced strongly for imported Middle Eastern shipments. The Styrene price trend in India has reflected higher freight expenses and increased feedstock costs. The Iran–Israel–U.S. conflict has created supply uncertainties across Middle Eastern export markets.

Q1-2026, Styrene Monomer prices in India have established lower import pricing levels before quarterly growth. In Q2 2026, Styrene prices in India have increased by 27.68% compared to the previous quarter. The Strait of Hormuz closure has disrupted shipping routes and increased landed import costs.

Importers have experienced tighter availability during the quarter. In June 2026, Styrene prices in India have decreased by 8.45% compared to the previous month. The Islamabad Memorandum has improved cargo movements and reduced logistics concerns.

India (Ex-Kandla): Styrene Domestic prices Ex-Kandla, India, Grade (99.8% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in India have experienced strong growth across domestic trading markets. The Styrene Monomer (SM) price trend in India has reflected firm demand and elevated replacement costs. The Iran–Israel–U.S. conflict has increased raw material uncertainty and affected regional supply availability.

Q1-2026, Styrene Monomer (SM) prices in India have provided a lower comparison base before significant quarterly gains. In Q2 2026, Styrene prices in India have increased by 29.85% compared to the previous quarter. The Strait of Hormuz closure has restricted supply flows and increased domestic inventory concerns.

Market participants have maintained cautious procurement strategies during the disruption. In June 2026, Styrene prices in India have decreased by 19.88% compared to the previous month. The Islamabad Memorandum has improved trade confidence and reduced supply constraints.

Singapore: Styrene Export prices FOB Singapore, Singapore, Grade (99.9% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Singapore have increased substantially across regional export markets. The Styrene Monomer (SM) price trend in Singapore has reflected stronger upstream costs and tightening supply conditions. The Iran–Israel–U.S. conflict has increased energy market volatility and affected regional trading activity.

Q1-2026, Styrene Monomer (SM) prices in Singapore have maintained lower valuations before second-quarter increases. In Q2 2026, Styrene Monomer (SM) prices in Singapore have increased by 27.57% compared to the previous quarter. The Strait of Hormuz closure has caused shipping disruptions and increased regional freight costs.

Exporters have maintained firm offers amid uncertain market conditions. In June 2026, Styrene Monomer (SM) prices in Singapore have decreased by 13.32% compared to the previous month. The Islamabad Memorandum has improved shipping routes and reduced supply pressure.

Malaysia: Styrene Import prices CIF Klang (SINGAPORE), Malaysia, Grade (99.9% min Styrene Monomer)

In Q2 2026, Styrene Monomer (SM) prices in Malaysia have recorded strong quarterly growth for imported regional cargoes. The Styrene Monomer (SM) price trend in Malaysia has reflected higher production costs and increased logistics expenses. The Iran–Israel–U.S. conflict has affected global energy markets and chemical supply chains.

Q1-2026, Styrene Monomer (SM) prices in Malaysia have established lower import price levels before quarterly appreciation. In Q2 2026, Styrene Monomer (SM) prices in Malaysia have increased by 27.22% compared to the previous quarter. The Strait of Hormuz closure has increased freight rates and created supply uncertainties.

Importers have adjusted buying strategies due to volatile market conditions. In June 2026, Styrene Monomer (SM) prices in Malaysia have decreased by 12.96% compared to the previous month. The Islamabad Memorandum has improved commercial shipping conditions and supported market normalization.

Styrene Price Trend Analysis: Q1 2026

Styrene Price Trend Q1 2026

In Q1 2026, Styrene Monomer prices have sharply increased across all major markets. Styrene price trends have reflected steady industrial demand, recovering feedstock costs, and geopolitical disruptions. March surges are intensified by the Iran–Israel–USA war and Strait of Hormuz risks.

USA: Styrene Monomer (SM) 99.9% min FOB Texas

The Styrene Monomer (SM) prices in the United States for Q1 2026 have risen by 32.57%. The styrene price trend in the USA has been influenced by industrial demand and feedstock costs recovering gradually.

The domestic buyers of ABS and polystyrene continue to have robust buying interest during the quarter. The stocks at Gulf Coast ports have stayed relatively lean owing to steady demand from end-use industries. In the USA, Styrene Monomer (SM) prices in March 2026 have risen by 26.47% since the previous month.

The styrene price trend in the USA has experienced a surge on account of disruptions in logistics related to the Iran-Israel-USA war and Strait of Hormuz shipping congestion, increasing crude oil and shipping expenses. The buyers have stepped up their buying pace to reduce any possible risk of shortage.

South Korea: Styrene Monomer (SM) 99.6% min FOB Busan

According to Price-Watchâ„¢, in Q1 2026, Styrene Monomer (SM) price in South Korea has risen by 30.29% from the preceding quarter. Styrene Monomer (SM) price trend in South Korea has been consistent with stable demand from exports and slow recovery in feedstock prices.

The consumption of automotive and electronics segments has been strong during the period.The inventory at the port of Busan has been balanced amid moderate buying difficulties. In South Korea, Styrene Monomer price in March 2026 has climbed by 28.07% from the prior month.

The styrene price trend in South Korea has surged on account of the war between Iran, Israel, and USA and subsequent disruptions in the Strait of Hormuz. Purchasers have been purchasing products ahead of time.

Saudi Arabia: Styrene Monomer (SM) 99.8% min FOB Jeddah

Styrene Monomer (SM) prices in Saudi Arabia witnessed an increase of 25.35% when compared with the previous quarter in Q1 2026. The Styrene Monomer (SM) price trend in Saudi Arabia has been affected by robust local demand and improved feedstock prices.

Domestic and export buyers have kept purchases on track through the quarter. Inventory positions at the Jeddah port have been moderately tight on the back of healthy downstream demand. In Saudi Arabia, Styrene Monomer prices in March 2026 have seen an increase of 20.51% compared with the previous month.

Styrene price trend in Saudi Arabia saw a sharp rise because of the Iran-Israel-USA war and subsequent disruption of the Strait of Hormuz, thereby affecting the cost of raw materials and transport expenses.

Netherlands: Styrene Monomer (SM) 99% min FOB Rotterdam

Styrene Monomer (SM) prices in Netherlands have appreciated by 35.16% in Q1 2026 as compared to the prior quarter. The styrene price trend in Netherlands has been observed to show a constant European demand along with an improving situation regarding the rising cost of the raw materials used for producing Styrene Monomer. The industrial consumers have continued their buying during the quarter.

Inventories at Rotterdam ports have been kept balanced due to strong demand. In Netherlands, Styrene Monomer (SM) price in March 2026 has witnessed an increase of 30.23% compared to the prior month.

The price of Styrene Monomer (SM) in Netherlands has been seen to spike owing to the ongoing war between Iran, Israel, and USA, coupled with problems regarding the Strait of Hormuz. The consumers have been purchasing their requirements beforehand in anticipation of possible shortages.

Mexico: Styrene Monomer (SM) 99.9% min CIF Manzanillo (USA)

The Styrene Monomer (SM) price in Mexico in Q1 2026 has risen by 30.42% from Q4 2025. Styrene price trend in Mexico has been characterized by constant imports and recovering costs of feedstocks.

Purchasers have continued to purchase SMs on an ongoing basis to produce ABS resins and polystyrene products. The supply of Styrene in Manzanillo port have been moderately low due to strong demand trends. In Mexico, Styrene Monomer (SM) price in in March 2026 has risen by 25.16% from February 2026.

As for the price trend of Styrene Monomer (SM) in Mexico, it has sharply soared due to the conflict between Iran, Israel, and the United States and its impact on the disruption of the Strait of Hormuz, resulting in higher costs of crude oil and shipping and Mexico’s dependence on US Styrene exports.

Kuwait: Styrene Monomer (SM) 99.8% min FOB Shuwaikh

The Styrene Monomer (SM) price in Kuwait during the first quarter of 2026 has risen by 28.80%. The styrene price trend in Kuwait has seen a positive development as there has been consistent regional demand coupled with an improvement in feedstock prices.

Industrial users have continued to procure their requirements in order to facilitate downstream processing activities. The inventory position at Shuwaikh port has seen moderate levels of scarcity amidst solid utilization. In Kuwait, Styrene Monomer (SM) price in March 2026 has risen by 27.78%.

The Styrene Monomer (SM) price in Kuwait has witnessed a significant increase due to the war that took place between Iran, Israel, and USA. The war has also affected the Strait of Hormuz. As a result, the cost of crude-based pricing and transportation has seen a considerable rise.

Germany: Styrene Monomer (SM) 99% min FD Hamburg

Styrene Monomer (SM) prices in Germany witnessed a rise of 32.93% during the first quarter of 2026 against the last quarter. Styrene price trend in Germany showed a recovery in Europe’s demand along with stable feedstock prices.

Purchasers have purchased steadily based on their requirements. Stockpile stocks at Hamburg are slightly low throughout the quarter. In Germany, Styrene Monomer (SM) prices in March 2026 witnessed a rise of 29.31% against the last month.

The price trend of Styrene Monomer (SM) in Germany saw a sharp increase owing to the war between Iran, Israel, and USA and the disturbances in the Strait of Hormuz, impacting crude-related products. Purchasers made efforts to secure their supplies ahead of time to avoid any supply risks.

China: Styrene Monomer (SM) 99.8% min CIF Shanghai (Saudi Arabia)

In Q1 2026, Styrene Monomer (SM) prices in China have increased by 28.92% compared to the previous quarter. Styrene price trend in China has reflected steady downstream demand from plastics and packaging industries. Industrial buyers have maintained robust procurement. Inventory levels at Shanghai port have remained balanced.

In China, Styrene Monomer (SM) prices in March 2026 have increased by 28.37% compared to the previous month. Styrene Monomer (SM) price trend in China has surged due to the Iran–Israel–USA war and Strait of Hormuz disruption, which affected crude and shipping costs. Buyers have actively secured material to avoid shortages.

Brazil: Styrene Monomer (SM) 99.9% min CIF Santos (USA)

In Q1 2026, Styrene Monomer (SM) prices in Brazil have increased by 32.05% compared to the previous quarter. Styrene price trend in Brazil has reflected steady industrial demand and gradual feedstock cost recovery. Buyers have maintained robust procurement for polystyrene production. Inventory levels at Santos port have remained balanced amid strong consumption.

In Brazil, Styrene Monomer (SM) prices in March 2026 have increased by 24.96% compared to the previous month. Styrene price trend in Brazil has surged due to the Iran–Israel–USA war and Strait of Hormuz disruption, affecting crude-linked feedstock and logistics. Buyers have actively secured material to mitigate potential shortages.

Belgium: Styrene Monomer (SM) 99% min FD Antwerp

In Q1 2026, Styrene Monomer (SM) prices in Belgium have increased by 34.18% compared to the previous quarter. Styrene price trend in Belgium has reflected firm European demand and recovering feedstock costs. Buyers have maintained steady procurement for industrial and polystyrene consumption. Inventory levels at Antwerp have remained balanced.

In Belgium, Styrene Monomer (SM) prices in March 2026 have increased by 29.55% compared to the previous month. Styrene Monomer (SM) price trend in Belgium has surged due to the Iran–Israel–USA war and Strait of Hormuz disruption, which elevated crude-linked costs. Buyers have actively secured material to avoid potential shortages.

India: Styrene Monomer (SM) 99.8% min CIF Nhava Sheva

In Q1 2026, Styrene Monomer (SM) prices in India have increased by 31.29% compared to the previous quarter. Styrene price trend in India has reflected steady domestic demand from plastics and automotive sectors. Buyers have maintained strong procurement amid moderate supply. Inventory levels at Nhava Sheva port have remained balanced.

In India, Styrene Monomer (SM) prices in March 2026 have increased by 35.29% compared to the previous month. Styrene Monomer (SM) price trend in India has surged due to the Iran–Israel–USA war and Strait of Hormuz disruption affecting feedstock and shipping. Buyers have actively secured material to mitigate potential shortages.

India: Styrene Monomer (SM) 99.8% min Ex-Kandla

In Q1 2026, Styrene Monomer (SM) prices in India have increased by 37.97% compared to the previous quarter. Styrene price trend in India has reflected strong domestic demand and recovering feedstock costs. Buyers have maintained consistent procurement for industrial and plastics applications. Inventory levels at Kandla have remained balanced.

In India, Styrene Monomer (SM) prices in March 2026 have increased by 68.72% compared to the previous month. Styrene Monomer (SM) price trend in India has surged sharply due to the Iran–Israel–USA war and Strait of Hormuz disruption, which severely affected supply and shipping. Buyers have actively secured material to prevent shortages.

Singapore: Styrene Monomer (SM) 99.9% min FOB Singapore

In Q1 2026, Styrene Monomer (SM) prices in Singapore have increased by 27.60% compared to the previous quarter. Styrene price trend in Singapore has reflected stable regional demand and recovering feedstock costs. Buyers have maintained steady procurement amid moderate consumption. Inventory levels at Singapore terminals have remained balanced.

In Singapore, Styrene Monomer (SM) prices in March 2026 have increased by 28.77% compared to the previous month. Styrene Monomer (SM) price trend in Singapore has surged due to the Iran–Israel–USA war and Strait of Hormuz disruption affecting shipping and feedstock costs. Buyers have actively secured material to mitigate potential shortages.

Malaysia: Styrene Monomer (SM) 99.9% min CIF Klang (SINGAPORE)

In Q1 2026, Styrene Monomer (SM) prices in Malaysia have increased by 26.54% compared to the previous quarter. Styrene price trend in Malaysia has reflected steady import demand and recovering feedstock costs. Buyers have maintained robust procurement amid moderate consumption. Inventory levels at Klang port have remained balanced.

In Malaysia, Styrene Monomer (SM) prices in March 2026 have increased by 27.82% compared to the previous month. Styrene Monomer (SM) price trend in Malaysia has surged due to the Iran–Israel–USA war and Strait of Hormuz disruption affecting crude-linked material and shipping. Buyers have actively secured material to prevent potential shortages.

Styrene Price Trend Analysis 2025

Styrene Price Trend Q1 2025

In Q1 2025, Styrene prices in North America surged by 13.36% to $1110/ton, driven by rising feedstock costs, higher operational expenses, and increased crude oil prices. Additionally, renewed U.S. tariffs under the Trump administration on chemical imports added cost pressure, further tightening domestic supply.

Europe saw a 14.36% increase to $1195/ton, supported by similar feedstock inflation and constrained imports due to extended shipping times and geopolitical uncertainties. In contrast, the Middle East experienced a slight 1.2% decline to $984/ton, as weak regional demand and stable production levels offset global bullish trends.

Diverging regional fundamentals defined the quarter’s pricing landscape. According to PriceWatch, prices slipped further to USD 1,028 per metric ton, a 1.25% decline, reflecting cautious market sentiment and steady but soft demand fundamentals.

In Q1 2025, Styrene prices in India showed limited movement amid cautious global and domestic conditions. CIF Nhava Sheva (KUWAIT) prices held steady at the lower end, at $1048/ton, as low global demand and renewed U.S. tariffs under Trump’s administration created uncertainty in export markets.

Ex-Kandla prices slipped 1.73% to $1110/ton due to weak demand from the plastic industry and high inventory levels. Additionally, stable freight rates and minimal supply chain disruptions contributed to the overall subdued market sentiment.

Styrene Price Trend Q2 2025

According to PriceWatch, Styrene prices on a FOB Texas basis in the USA averaged USD 1,075 per metric ton in Q2 2025, showing a 3.15% decline from Q1 levels. In South Korea, prices dropped significantly to USD 903 per metric ton, a steep 11.38% decrease quarter-on-quarter, reflecting reduced downstream demand and falling feedstock costs.

FOB Jeddah prices in Saudi Arabia stood at USD 875 per metric ton in Q2 2025, registering a 11.08% drop, influenced by weak regional trading activity.

Kuwait also followed the bearish trend, with FOB Shuwaikh prices averaging USD 925 per metric ton, down by 8.51% from Q1 2025, as spot demand from Asia softened. FOB Singapore prices fell to USD 921 per metric ton, down 10.41%, attributed to sluggish demand from downstream plastic and resin markets across Southeast Asia.

However, the Netherlands defied the global trend. FOB Rotterdam prices rose to USD 1,230 per metric ton, marking a 2.50% increase, supported by limited supply and steady local demand. The global price trend in Q2 2025 reflected mixed market sentiments, shaped by regional supply dynamics and feedstock volatility.

The Styrene prices showed weakness across Asia and the Middle East, while Europe remained comparatively resilient. The price chart highlighted a sharp drop in prices through April and May, with some stabilization occurring in June. Market activity remained cautious worldwide, as price corrections and inventory pressures shaped trading behavior.

According to PriceWatch, Styrene prices on a CIF Nhava Sheva, India basis averaged USD 953 per metric ton in Q2 2025, representing a 9.06% decline from Q1 2025. Ex-Kandla prices followed a similar trajectory. They averaged USD 1,020 per metric ton, down 8.11% compared to Q1. The price trend in India was shaped by falling import values, easing global feedstock costs, and increasing competition from cheaper Asian and Middle Eastern cargoes.

Buyers showed low purchasing sentiment during April and May, capitalizing on the declining prices and controlling excess inventory. The price index for the Indian market aligned with global movements, especially those in FOB Middle East and Asian ports. The price chart indicated a gradual decline until mid-Q2, after which prices steadied as demand picked up from paints and packaging sectors.

India’s market remained competitive, with importers leveraging soft global prices to negotiate more favourable CIF contracts. Domestic suppliers, meanwhile, adjusted their ex-Kandla offers to maintain market share and counter lower ocean freight costs. The market balance in India was influenced by trading sentiment, supply chain efficiency, and currency stability through the quarter. As price charts levelled off near quarter end, participants anticipated limited changes in short-term direction unless feedstock prices shifted sharply.

Styrene Price Trend Q3 2025

Global Styrene Monomer market exhibited a broad downward movement in Q3 2025, influenced by weakening downstream demand and softening feedstock benzene costs. Product prices in Q3 dropped across major regions, with significant declines recorded in the USA, Europe, and Latin America. According to PriceWatch, most regions reported moderate-to-steep contractions, particularly in European markets where oversupply intensified price pressure.

Asian markets such as China, South Korea, and India experienced relatively stable conditions, supported by consistent consumption from ABS and polystyrene segments. Despite steady refinery operations in some exporting nations like Saudi Arabia and Singapore, demand limitations kept the product price trend overall subdued. Product prices in September 2025 largely reflected cautious market sentiment, signalling a continuation of range-bound pricing into Q4 2025.

United States: Styrene Monomer (99.9% min) Export Prices FOB Texas, USA.

In Q3 2025, Styrene Monomer prices in the USA decreased sharply due to weaker demand from packaging and polymer sectors. The Styrene price trend in the USA reflected reduced feedstock benzene values and lower downstream consumption. Domestic production rates slightly declined amid high inventories and lower export competitiveness in Asian markets.

According to PriceWatch, product prices in Q3 stood lower by 13.12% from the previous quarter. The reduced trading activity and freight adjustments added further pressure. Styrene prices in September 2025 remained subdued as regional consumption failed to recover in the US. Market sentiments in the USA turned cautious with limited buying interest and weaker export orders. Styrene prices in the US are expected to remain range-bound in the coming quarter.

South Korea: Styrene Monomer (99.6% min) Export Prices FOB Busan, South Korea.

In Q3 2025, Styrene Monomer prices in South Korea showed marginal softness driven by moderate downstream ABS and polystyrene demand. The Styrene price trend in South Korea reflected a balanced market supported by stable refinery operations and steady domestic consumption. According to PriceWatch, product prices in Q3 slipped by 2.21% against the previous quarter.

Regional producers maintained cautious operating rates given limited export opportunities to China. The overall market sentiment remained steady, supported by healthy petrochemical margins. Styrene prices in September 2025 hovered near the quarterly average, signalling market stability in the US. Styrene prices in South Korea are expected to track global styrene and benzene volatility in coming months.

Saudi Arabia: Styrene Monomer (99.8% min) Export Prices FOB Jeddah, Saudi Arabia.

In Q3 2025, Styrene Monomer prices in Saudi Arabia weakened slightly due to reduced export volumes and softer regional demand. The Styrene price trend in Saudi Arabia followed declining crude oil and benzene costs during the period. According to PriceWatch, product prices in Q3 dropped by 2.29% compared to Q2. Market participants faced narrowing margins due to lower feedstock prices and reduced domestic purchasing.

Styrene prices in September 2025 indicated limited recovery despite stable operating rates at key plants in Saudi Arabia. Moderate regional demand from Asia and Europe limited any strong rebound. The product price in Saudi Arabia is expected to remain under pressure into Q4 with global oversupply concerns.

Netherlands: Styrene Monomer (99% min) Export Prices FOB Rotterdam, Netherlands.

In Q3 2025, Styrene Monomer prices in the Netherlands saw a sharp decline amid sluggish European polymer production and weak export inquiries. The Styrene price trend in the Netherlands witnessed strong selling pressure due to weak derivative demand and destocking activity. According to PriceWatch, product prices in Q3 fell by 20.32% from the previous quarter.

Market confidence was dampened by energy cost fluctuations and reduced benzene contract prices. Styrene prices in September 2025 continued their downward path amid oversupply conditions in the Netherlands. Import competitiveness from Asia further suppressed regional price recovery. Styrene price in the Netherlands is likely to stay under pressure as the European chemical recovery remains uncertain.

Mexico: Styrene Monomer (99.9% min) Import Prices CIF Manzanillo, Mexico.

In Q3 2025, Styrene Monomer prices in Mexico weakened sharply following reduced U.S. export prices and limited resin sector demand. The Styrene price trend in Mexico reflected subdued downstream activity in polystyrene manufacturing and packaging. According to PriceWatch, product prices in Q3 decreased by 12.36% over Q2. Importers faced fluctuating freight rates and soft offtake from end-users.

Styrene prices in September 2025 stabilized at lower levels as supply exceeded demand in Mexico. Market participants maintained conservative purchasing strategies amid weak exports to neighbouring Latin American countries. Styrene price in Mexico is expected to remain subdued in Q4 due to persistent regional oversupply.

Kuwait: Styrene Monomer (99.8% min) Export Prices FOB Shuwaikh, Kuwait.

In Q3 2025, Styrene Monomer prices in Kuwait slightly declined amid moderate demand from Asian polymer producers. The Styrene price trend in Kuwait was shaped by stable production levels and softened downstream consumption. According to PriceWatch, product prices in Q3 dropped by 4.22% compared to the previous quarter. Exports to India and Southeast Asia were lower due to regional competition and freight pressures.

Styrene prices in September 2025 remained aligned with the quarterly average levels in Kuwait. Domestic producers managed output carefully to avoid inventory buildup. The product price in Kuwait may witness limited fluctuations in Q4 depending on crude oil and benzene market stability.

Germany: Styrene Monomer (99% min) Domestic Prices FD Hamburg, Germany.

In Q3 2025, Styrene Monomer prices in Germany decreased sharply due to slow industrial activity and limited demand from downstream applications. The Styrene price trend in Germany reflected surplus supply and falling benzene contract rates. According to PriceWatch, Styrene prices in Q3 declined by 19.72% from the prior quarter. Reduced polymer exports to China and weak automotive demand pressured domestic prices.

Styrene prices in September 2025 remained under strong downward influence due to high inventories in Germany. Feedstock cost relief brought temporary margin support to producers. Styrene price in Germany is expected to remain volatile with minimal demand recovery in Q4.

China: Styrene Monomer (99.8% min) Import Prices CIF Shanghai, China.

In Q3 2025, Styrene Monomer prices in China eased marginally as consumption steadied amid moderate activity in downstream packaging and electronics. The Styrene price trend in China has been influenced by steady imports and weakening global styrene sentiment. According to PriceWatch, product prices in Q3 fell by 2.30% from Q2 levels. Market participants saw limited restocking ahead of national holidays.

Styrene prices in September 2025 traded near the quarterly average with stable supply from Saudi Arabia in China. Freight normalization and higher inventories kept spot trade muted. Styrene price in China is expected to remain range-bound with balanced demand and supply in Q4.

Brazil: Styrene Monomer (99.9% min) Import Prices CIF Santos, Brazil.

In Q3 2025, Styrene Monomer prices in Brazil fell moderately as demand weakened from key downstream packaging producers. The Styrene price trend in Brazil mirrored softer U.S. export prices and reduced domestic consumption. According to PriceWatch, product prices in Q3 declined by 12.01% from Q2. High inventory levels and weak regional offtake limited price recovery.

Styrene prices in September 2025 stabilized slightly but remained lower than earlier months in Brazil. Cost pressures eased amid cheaper feedstock styrene imports. The Styrene price in Brazil is forecast to remain soft as market fundamentals show limited improvement.

Belgium: Styrene Monomer (99% min) Domestic Prices FD Antwerp, Belgium.

In Q3 2025, Styrene Monomer prices in Belgium declined notably following weak demand across the European polymer industry. The product price trend in Belgium traced a bearish trajectory driven by high stock levels and slow downstream utilization. According to the PriceWatch, product prices in Q3 dropped by 19.67% from the previous quarter. Domestic consumption remained subdued with limited new orders from construction and packaging segments.

Styrene prices in September 2025 have been under significant downward pressure in Belgium. Weaker resin exporting margins further weighed on trade sentiment. The Styrene price in Belgium is likely to stay low with constrained demand recovery in Q4.

India: Styrene Monomer (99.8% min) Import Prices CIF Nhava Sheva, India.

In Q3 2025, Styrene Monomer prices in India under the CIF Nhava Sheva term recorded a decline due to moderate industrial consumption. The Styrene price trend in India reflected balanced demand from downstream ABS and polystyrene manufacturers. According to PriceWatch, product prices in Q3 slipped by 2.24% compared to the previous quarter.

Market sentiment stayed steady as domestic processors maintained routine procurement activities. Styrene prices in September 2025 exhibited stability supported by consistent feedstock supply from Middle Eastern exporters in India. Import volumes remained steady amid competitive regional offers and manageable freight costs. The Styrene price in India is anticipated to remain stable through Q4 2025, with balanced market conditions continuing to guide pricing sentiment.

India: Styrene Monomer (99.8% min) Domestic Prices Ex-Kandla, India.

In Q3 2025, Styrene Monomer prices in India under Ex-Kandla trading conditions experienced a mild downturn amid moderate downstream offtake. The Styrene price trend in India showed steady movement due to consistent demand from polymer and resin manufacturers. According to PriceWatch, product prices in Q3 dropped by 3.43% compared to the prior quarter.

Domestic traders reported stable inventories while maintaining procurement parity with imported cargoes. Styrene prices in September 2025 remained near the quarterly mean levels in India. Market participants observed limited price adjustments owing to calm trading activity. Styrene price in India is projected to stay range-bound in Q4 2025 as raw material markets display minimal directional changes.

Singapore: Styrene Monomer (99.9% min) Export Prices FOB Singapore.

In Q3 2025, Styrene Monomer prices in Singapore softened as trade activity slowed and export orders declined. The Styrene price trend in Singapore reflected competitive export offers and moderated derivative demand in Asia. According to PriceWatch, product prices in Q3 dropped by 4.89% from last quarter.

Refinery maintenance and lower benzene costs limited price gains. Styrene prices in September 2025 remained steady due to balanced supply-demand conditions in Singapore. The export market faced logistical challenges that influenced shipment volumes. Styrene price in Singapore is expected to stay stable across early Q4 with limited upside momentum.

Malaysia: Styrene Monomer (99.9% min) Import Prices CIF Klang, Malaysia.

In Q3 2025, Styrene Monomer prices in Malaysia slightly decreased with subdued industrial demand and moderate downstream usage. The styrene price trend in Malaysia revealed weaker consumption from packaging converters and reduced import activity.

According to PriceWatch, product prices in Q3 fell by 4.83% from Q2. Local traders reported stable inventories but slower replenishment cycles. Styrene prices in September 2025 held near-average levels, reflecting cautious buyer sentiment in Malaysia. Market fundamentals showed limited recovery amid steady regional supply. Styrene price in Malaysia is likely to remain muted heading into Q4 due to flat consumption trends.

Styrene Price Trend Q4 2025

In Q4‑2025, Styrene Monomer (SM) prices have softened across key markets amid weaker ABS and polystyrene demand. Price trends reflect balanced feedstock costs, steady production, adequate inventories, and cautious year-end procurement across the USA, Asia, Europe, and Middle Eastern markets.

USA: Styrene Monomer (SM) 99.9% min FOB Texas

In Q4 2025, Styrene Monomer (SM) price in the US have weakened owing to lower demand for ABS and polystyrene products. The Styrene Monomer (SM) price trend in the US has been characterized by well-balanced cost levels and consistent supply. During the fourth quarter of 2025, US prices of Styrene Monomer (SM) have dropped by 10.92% from the third quarter due to lower orders from industries.

Producers have kept their production constant for domestic use, and inventories have remained sufficient at Gulf Coast ports. There have been no disruptions in exports during the quarter. In the US, Styrene Monomer (SM) price in December 2025 have fallen by 0.83% from November due to cautious purchasing patterns among buyers amid lower demand from end-users.

South Korea: Styrene Monomer (SM) 99.6% min FOB Busan

In Q4 2025, Styrene Monomer (SM) price in South Korea has been soft and weak due to low demand from the ABS and polystyrene industry. The trend in the prices of Styrene Monomer (SM) in South Korea has been influenced by stable prices of upstream feedstocks. During Q4 2025, Styrene Monomer (SM) price trend in South Korea have fallen by 9.41% against the prior quarter.

Exports of styrene monomers to Asia, including China, are moderate, and the stocks of Styrene Monomer (SM) are adequate in ports within the region. In South Korea, Styrene Monomer (SM) price in December 2025 have risen by 4.24% against the prior month. The trend in the prices of Styrene Monomer (SM) in South Korea has been impacted by cautious end-of-year purchases.

Saudi Arabia: Styrene Monomer (SM) 99.8% min FOB Jeddah

Styrene Monomer (SM) price in Saudi Arabia has been lower due to equilibrium domestic and export supply in the 4th quarter of 2025. Styrene Monomer (SM) price trend in Saudi Arabia has been characterized by average demand for ABS and polystyrene producers as well as a relatively stable situation on the market. The prices of Styrene Monomer (SM) in Saudi Arabia fell by 8.55% in Q4 2025 compared to the third quarter.

The manufacturers have kept constant production levels in the quarter, and the exporters have been delivering steady volumes to the Asian and Middle Eastern regions. In Saudi Arabia, Styrene Monomer (SM) price in December 2025 rose by 3.80% compared to November. The price trend of Styrene Monomer (SM) in Saudi Arabia is defined by prudent buying activities and inventory management at the end of the quarter.

Netherlands: Styrene Monomer (SM) 99% min FOB Rotterdam

In Q4 2025, Styrene Monomer (SM) price in the Netherlands has been currently experiencing a decline due to average downstream demand. The Styrene Monomer (SM) price trend in the Netherlands has been characterized by consistent feedstock prices and adequate stockpile inventories.

The Netherlands’ Styrene Monomer (SM) prices in Q4 2025 have declined by 10.79% from Q3 2025. Producers have continued to provide adequate supplies for domestic chemical manufacturers, with stockpile inventories remaining at optimum levels within Rotterdam port. In the Netherlands, Styrene Monomer (SM) prices in December 2025 have fallen by 0.33% from November 2025. The Netherlands Styrene Monomer (SM) price trend has been influenced by weak procurement activities before year-end.

Mexico: Styrene Monomer (SM) 99.9% min CIF Manzanillo (USA)

Styrene Monomer (SM) prices in Mexico have declined in the 4th quarter of 2025 on account of lower imports from the US. Styrene Monomer (SM) price trend in Mexico has been driven by reliable transportation conditions along with consistent raw material prices. The decline in Mexican Styrene Monomer (SM) prices during Q4 2025 has been at 10.27% on a quarterly basis.

Imports have stayed strong to keep downstream ABS & Polystyrene manufacturers well supplied, although port inventories have been manageable. In Mexico, Styrene Monomer (SM) prices in December 2025 have declined by 0.77%. The trend in Mexican Styrene Monomer (SM) prices has been influenced by average domestic industrial usage amid steady imports.

Kuwait: Styrene Monomer (SM) 99.8% min FOB Shuwaikh

In the last quarter of 2025, Styrene Monomer (SM) prices in Kuwait have fallen in light of steady and growing domestic and foreign supplies. In the fourth quarter of 2025, Kuwait Styrene Monomer (SM) market prices have fallen by 9.38% from the previous quarter. Styrene Monomer (SM) price trend in Kuwait has been characterized by stable feedstock costs and smooth logistics processes.

Manufacturers have been maintaining their steady manufacturing rates to satisfy the domestic consumption needs and maintain steady export volumes within the Middle East region. In Kuwait, Styrene Monomer (SM) price in December 2025 have risen by 2.16% from the previous month. Kuwait’s Styrene Monomer (SM) market price trends have been associated with controlled purchase and inventory activities towards the end of the quarter.

Germany: Styrene Monomer (SM) 99% min FD Hamburg

Styrene Monomer (SM) price in Germany have been softening as a result of subdued demand for ABS and polystyrene in the last quarter of 2025. German Styrene Monomer (SM) prices in Q4 2025 have fallen by 10.10% from Q3 2025. Styrene Monomer (SM) price trend in Germany has been influenced by stable feedstock prices coupled with stable stock balances.

Manufacturers have continued to produce at a constant rate in order to meet domestic market demand, while stocks have remained sufficient at major storage sites. In Germany, Styrene Monomer (SM) prices in December 2025 have fallen by 0.21% from November 2025. Germany Styrene Monomer (SM) price movements have been influenced by cautious purchasing activities among European buyers.

China: Styrene Monomer (SM) 99.8% min CIF Shanghai (Saudi Arabia)

Styrene Monomer (SM) prices in China have softened amid lower import demand. Styrene Monomer (SM) price trend in China has reflected moderate downstream consumption from ABS and polystyrene sectors. Q4-2025, Styrene Monomer (SM) prices in China have decreased by 9.20% compared to the previous quarter.

Importers have maintained adequate inventory levels at Shanghai ports. Producers have adjusted supply according to slower industrial demand. In China, Styrene Monomer (SM) prices in December 2025 have increased by 3.67% compared to the previous month. Styrene Monomer (SM) price trend in China has reflected cautious year-end buying by converters.

Brazil: Styrene Monomer (SM) 99.9% min CIF Santos (USA)

Styrene Monomer (SM) prices in Brazil have softened amid reduced imports from USA. Styrene Monomer (SM) price trend in Brazil has reflected stable logistics and shipping costs. Q4-2025, Styrene Monomer (SM) prices in Brazil have decreased by 10.72% compared to the previous quarter. Importers have maintained sufficient inventories to supply downstream polystyrene and ABS producers.

Inventory levels at Santos port have remained adequate. In Brazil, Styrene Monomer (SM) prices in December 2025 have decreased by 0.78% compared to the previous month. Styrene Monomer (SM) price trend in Brazil has reflected moderate consumption and balanced import flows.

Belgium: Styrene Monomer (SM) 99% min FD Antwerp

Styrene Monomer (SM) prices in Belgium have softened amid slower downstream demand. Styrene Monomer (SM) price trend in Belgium has reflected balanced feedstock costs and stable local supply. Q4-2025, Styrene Monomer (SM) prices in Belgium have decreased by 10.58% compared to the previous quarter. Producers have maintained stable operations to supply ABS and polystyrene industries.

Inventory levels have remained sufficient at Antwerp terminals. In Belgium, Styrene Monomer (SM) prices in December 2025 have decreased by 0.32% compared to the previous month. Styrene Monomer (SM) price trend in Belgium has reflected measured buying by European converters.

India: Styrene Monomer (SM) 99.8% min CIF Nhava Sheva (KUWAIT)

Styrene Monomer (SM) prices in India have softened amid moderate import demand. Styrene Monomer (SM) price trend in India has reflected balanced feedstock and shipping costs. Q4-2025, Styrene Monomer (SM) prices in India have decreased by 9.18% compared to the previous quarter. Importers have maintained adequate stocks for polystyrene and ABS production. Inventory levels at Nhava Sheva port have remained stable.

In India, Styrene Monomer (SM) prices in December 2025 have increased by 2.21% compared to the previous month. Styrene Monomer (SM) price trend in India has reflected steady downstream consumption and cautious procurement.

India: Styrene Monomer (SM) 99.8% min Ex-Kandla

Styrene Monomer (SM) prices in India have remained nearly stable amid moderate domestic demand. Styrene Monomer (SM) price trend in India has reflected steady feedstock costs and balanced logistics. Q4-2025, Styrene Monomer (SM) prices in India have decreased by 0.31% compared to the previous quarter. Importers and local distributors have maintained consistent supply for ABS and polystyrene producers.

Inventory levels at Kandla port have remained sufficient. In India, Styrene Monomer (SM) prices in December 2025 have increased by 2.99% compared to the previous month. Styrene Monomer (SM) price trend in India has reflected selective buying and stable downstream demand.

Singapore: Styrene Monomer (SM) 99.9% min FOB Singapore

Styrene Monomer (SM) prices in Singapore have weakened amid moderate downstream demand. Styrene Monomer (SM) price trend in Singapore has reflected stable feedstock and shipping costs. Q4-2025, Styrene Monomer (SM) prices in Singapore have decreased by 11.17% compared to the previous quarter. Exporters have maintained sufficient supply to regional converters.

Inventory levels at Singapore terminals have remained comfortable. In Singapore, Styrene Monomer (SM) prices in December 2025 have increased by 1.57% compared to the previous month. Styrene Monomer (SM) price trend in Singapore has reflected measured procurement by downstream industries.

Malaysia: Styrene Monomer (SM) 99.9% min CIF Klang (SINGAPORE)

Styrene Monomer (SM) prices in Malaysia have softened amid moderate import demand. Styrene Monomer (SM) price trend in Malaysia has reflected balanced shipping and feedstock costs. Q4-2025, Styrene Monomer (SM) prices in Malaysia have decreased by 10.69% compared to the previous quarter. Importers have maintained stable inventories for ABS and polystyrene manufacturers.

Inventory levels at Klang port have remained sufficient. In Malaysia, Styrene Monomer (SM) prices in December 2025 have increased by 1.25% compared to the previous month. Styrene Monomer (SM) price trend in Malaysia has reflected cautious year-end procurement.

Styrene Price Trend Q1 2024

In Q1 2024, global Styrene prices saw an upward trend, with North America rising by 10% to $1251/ton and Europe surging 22% to $1300/ton. The sharp uptick was fuelled by rising freight and insurance costs due to geopolitical tensions and cargo attacks, which disrupted global logistics and extended transit timelines.

Additionally, a rally in benzene prices raised production costs. Strong demand from Asian Plastic industry, especially India and China, intensified supply competition. In contrast, the Middle East saw only a modest 1.07% increase to $1050/ton, as regional instability and market caution tempered price momentum. According to PriceWatch, Styrene prices on a FOB Singapore basis averaged USD 1,066 per metric ton, a 2.74% decline due to weak demand and lower feedstock costs.

In Q1 2024, Styrene prices in India saw an upward trend. CIF Nhava Sheva (KUWAIT) prices rose by 2.90% to 1116 USD/ton, driven by higher import costs linked to rising operational expenses in Kuwait. Ex-Kandla prices surged 4.18% to 1217 USD/ton, supported by robust domestic demand from the plastics and packaging sectors, alongside elevated import expenses.

Additionally, currency fluctuations and longer transit times due to regional shipping disruptions contributed to the overall increase in procurement costs and market tightness.

Styrene Price Trend Q2 2024

In Q2 2024, Styrene prices continued their upward trend early in the quarter. North America saw a 9.12% increase, reaching $1365/ton, supported by Q1 momentum and steady downstream demand.

However, prices tapered off toward the quarter’s end due to growing oversupply. In the Middle East, prices rose 6.74% to $1121/ton, driven by elevated benzene and ethylene costs, strong demand from the automotive, construction, and packaging sectors, and supply chain disruptions caused by plant shutdowns.

In Europe, Styrene price witnessed a 6.5% surge to $1385/ton, with Germany experiencing notable volatility, mirroring broader regional trends. Oversupply concerns signalled market stabilization late in the quarter. According to PriceWatch, Styrene prices rose to USD 1,161 per metric ton, an 8.91% increase, driven by higher regional demand and improved supply-side stability.

In Q2 2024, Styrene prices in India continued their upward trend. CIF Nhava Sheva (KUWAIT) prices rose by 6.77% to $1192/ton, driven by high freight costs from Kuwait and elevated feedstock prices, which increased production costs for exporters.

Ex-Kandla prices climbed 3.22% to $1256/ton amid strong domestic demand from packaging and construction sectors, coupled with higher import costs. Additionally, supply chain delays and global market tightness further contributed to price escalation in the Indian Styrene market.

Styrene Price Trend Q3 2024

In Q3 2024, Styrene prices declined across major regions due to weak global demand and persistent market oversupply. In North America, prices dropped by 11.65% to $1206/ton, impacted by reduced consumption, lower feedstock costs—particularly benzene and ethylene—and improved plant operating rates. Europe saw a 6.27% decrease to $1298/ton, as economic uncertainty, sluggish manufacturing, and muted construction activity weighed on market sentiment.

The Middle East experienced a 3.43% decline to $1083/ton, driven by sluggish downstream demand and high inventory levels. Improved global logistics and steady import volumes further relieved supply pressures, reinforcing the overall bearish market sentiment throughout the quarter. According to PriceWatch, prices decreased to USD 1,122 per metric ton, down 3.36%, as market demand slowed and upstream cost pressures slightly eased across Asia.

In Q3 2024, Styrene prices in India declined amid weakening global and domestic demand. CIF Nhava Sheva (KUWAIT) prices dropped 3.01% to $1156/ton as sluggish global demand pressured prices in exporting regions. Ex-Kandla prices fell 5.14% to $1192/ton, driven by low domestic demand and market oversupply.

Additionally, stabilized freight rates and improved port operations reduced import costs. The absence of major supply disruptions and steady inventory levels further contributed to the bearish sentiment in the Indian Styrene market.

Styrene Price Trend Q4 2024

In Q4 2024, Styrene prices continued their downward trajectory across all key regions amid persistent global headwinds. North America saw a steep 18.80% drop to $980/ton, driven by sluggish end-user demand, ample inventories, and sustained low feedstock prices. In Europe, prices plunged 19.5% to $1045/ton as economic slowdown, reduced industrial activity, and weak export demand pressured the market.

The Middle East experienced a milder decline of 7.98% to $996/ton, cushioned slightly by regional demand stability but still impacted by oversupply and declining global orders. Improved plant operations, minimal supply disruptions, and continued destocking further contributed to the bearish sentiment. According to PriceWatch, Styrene prices averaged USD 1,041 per metric ton, marking a 7.22% fall amid high inventory levels and weaker downstream consumption in Southeast Asia.

In Q4 2024, Styrene prices in India declined sharply due to continued global and domestic market weakness. CIF Nhava Sheva (KUWAIT) prices fell 8.95% to $1052/ton, impacted by low global demand and aggressive destocking by exporters. Ex-Kandla prices dropped 5.17% to $1130/ton, driven by sluggish domestic consumption and persistent oversupply.

Improved shipping availability, lower feedstock costs, and minimal supply disruptions further eased import pressures. Market participants remained cautious amid weak downstream activity and uncertain economic conditions, reinforcing the bearish trend.

Technical Specifications of Styrene Price Trends

Product Description

Styrene (C₆Hâ‚…CH=CHâ‚‚) is a key aromatic hydrocarbon used to produce polystyrene, synthetic rubber, and various other polymers. It is mainly obtained from petroleum-based feedstocks via the dehydrogenation of Ethylbenzene. Styrene’s adaptability makes it vital in sectors like packaging, automotive, and electronics, where it improves the strength, durability, and overall performance of products.

Identifiers and Classification:

  • CAS No – 100-42-5
  • HS Code – 29025000
  • Molecular Formula – C8H8
  • Molecular Weight (in gm/mol) – 104.15


Styrene Monomer (SM) Synonyms:

  • Ethylenebenzene
  • Phen ethylene
  • Vinyl benzol
  • Vinyl benzene
  • Styren
  • Vinylbenzene
  • Phenylethene
  • Styrol
  • Styrole


Styrene Monomer (SM) Grades Specific Price Assessment:

  • 99.9% min Styrene Monomer
  • 99.6% min Styrene Monomer
  • 99.8% min Styrene Monomer
  • 99% min Styrene Monomer


Styrene Monomer (SM) Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-28 MT
  • Packaging Type (Product & Country Specific): ISO Tank


Incoterms Referenced in SM Price Reporting

Shipping Term  Location  Definition 
FOB Texas  Texas, USA  Styrene Monomer (SM) Export price from USA 
FOB Busan  Busan, South Korea  Styrene Monomer (SM) Export price from South Korea 
FOB Jeddah   Jeddah, Saudi Arabia  Styrene Monomer (SM) Export price from Saudi Arabia 
FOB Rotterdam  Rotterdam, Netherlands  Styrene Monomer (SM) Export price from Netherlands 
CIF Manzanillo (USA)  Manzanillo, Mexico  Styrene Monomer Import price in Mexico from USA 
FOB Shuwaikh  Shuwaikh, Kuwait  Styrene Monomer (SM) Export price from Kuwait 
FD Hamburg  Hamburg, Germany  Domestically Traded Styrene Monomer (SM) import price in Germany 
CIF Shanghai (Saudi Arabia)  Shanghai, China  Styrene Monomer Import price in China from Saudi Arabia 
CIF Santos (USA)  Santos, Brazil  Styrene Monomer Import price in Brazil from USA 
FD Antwerp  Antwerp, Belgium  Domestically Traded Styrene Monomer (SM) import price in Belgium  
CIF Nhava Sheva (KUWAIT)  Nhava Sheva, India  Styrene Monomer Import price in India from Kuwait 
Ex-Kandla  Kandla, India  Domestically Traded Styrene Monomer (SM) price in Kandla 
FOB Singapore  Singapore  Styrene Monomer (SM) Export price from Singapore 
CIF Klang (SINGAPORE)  Klang, Malaysia  Styrene Monomer (SM) Import price in Malaysia from Singapore 

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

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

Key Styrene Monomer (SM) Manufacturers

Manufacturer 
LyondellBasell 
TotalEnergies SABIC  
SKC 
YNCC 
LG Chem 
INEOS 
SABIC 
Kuwait styrene Company 
Aster Jurong 
Shell 
Trinseo 
ELLBA 

Styrene Industrial Applications

styrene monomer market share end use

Historically, several events have caused significant fluctuations in Styrene prices

  • Russia-Ukraine Conflict (2022-Present): The Russian invasion of Ukraine caused significant volatility in energy markets, impacting feedstock prices. Styrene prices surged due to rising production costs and continued strong demand.
  • COVID-19 Pandemic (2020): The pandemic caused unprecedented disruptions. Initially, prices fell due to decreased demand; however, recovery in the latter half of the year, driven by a surge in packaging demand, led to price rebounds.
  • Geopolitical Tensions (2018-2019): U.S.-China trade tensions and tariffs impacted supply chains and led to increased costs. Prices in North America fluctuated as manufacturers adjusted to changing market conditions.

These events underscore the Styrene market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

 

Why Price Watchâ„¢?

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

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

Track Price Watch'sâ„¢ styrene 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.

Styrene Market Price Trend published by Price Watchâ„¢ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watchâ„¢ assumes no liability for decisions taken based on this information.

The price of Styrene is influenced by several key factors, including raw material costs (primarily benzene and ethylene), global supply and demand dynamics, production capacity, and market trends. Additionally, fluctuations in crude oil prices and regulatory changes can also impact Styrene pricing. Understanding these variables is essential for procurement heads to make informed purchasing decisions.

Forecasting Styrene prices involves analyzing historical price trends, monitoring global market conditions, and assessing economic indicators. Utilizing industry reports, following key suppliers, and engaging with market analysts can provide valuable insights. Additionally, leveraging advanced analytics tools can enhance your ability to predict price movements and optimize procurement strategies.

Long-term pricing trends for Styrene can be affected by shifts in production technologies, changes in consumer demand, and environmental regulations. Historically, prices have shown volatility due to geopolitical factors and market demand. Staying updated with industry publications and market forecasts can help procurement heads anticipate future price fluctuations and adjust their procurement strategies accordingly.

Styrene Monomer (SM) is a colourless to pale yellow liquid used as a key building block in the production of plastics, resins, polystyrene, ABS, synthetic rubbers, and coatings. Its price directly impacts downstream products, including polystyrene, ABS, rubber compounds, and insulation materials, making SM pricing a critical factor for manufacturers globally. Price-Watchâ„¢ tracks these prices to help businesses and consumers stay updated with market trends.

SM prices vary by region. Prices are typically quoted per metric ton and fluctuate based on supply-demand balance, feedstock costs, and energy prices. Price-Watchâ„¢ provides real-time global price assessments to support informed purchasing and sales decisions.

SM prices are influenced by feedstock costs (primarily Benzene and Ethylene), crude oil and energy price movements, production capacity utilization, and downstream demand from ABS, polystyrene, and synthetic rubber sectors. Regional plant shutdowns, maintenance turnarounds, logistics, seasonal demand, and macroeconomic conditions also affect pricing. Price-Watchâ„¢ monitors these factors to capture market volatility.

Major buyers of SM include polystyrene and ABS manufacturers, synthetic rubber producers, insulation and coating industries, and companies producing expandable polystyrene (EPS) products. Other consumers include adhesives, resins, and specialty chemical manufacturers. Price-Watchâ„¢ tracks demand across all relevant sectors.

SM is primarily produced via the dehydrogenation of ethylbenzene (EB). Ethylbenzene is synthesized from Benzene and Ethylene, which is then dehydrogenated over a catalyst to produce SM. Large petrochemical complexes in the USA, Europe, Middle East, and Asia dominate production.

Leading SM exporters include the USA, Saudi Arabia, China, South Korea, and several European countries such as Belgium and the Netherlands. Regional players in Singapore, Malaysia, and the Middle East also contribute significantly. Export volumes depend on domestic consumption, production economics, feedstock availability, and shipping logistics. Price-Watchâ„¢ tracks global trade flows to support sourcing strategies.

Global supply generally meets demand, but temporary shortages may occur due to plant shutdowns, feedstock constraints, maintenance, or sudden spikes in industrial activity. Price-Watchâ„¢ monitors supply-demand imbalances to alert markets of potential tightness.

SM prices vary by purity and specifications. Standard industrial grade is used for general polymer production, while high-purity or polymer-grade SM commands premium pricing due to stringent quality control. Transported SM (bulk liquid) versus packaged SM may have differing costs. Price-Watchâ„¢ provides grade-specific price assessments.

Rapid increases in SM demand, typically from ABS, polystyrene, or synthetic rubber sectors, can raise prices. Spot buyers may face tighter availability and premium pricing, while long-term contracts are prioritized. Feedstock and production flexibility constraints can limit immediate supply. Price-Watchâ„¢ captures these market dynamics in real-time.

Energy costs, particularly natural gas and electricity, are major components of SM production. Rising energy prices often translate into higher SM prices. Feedstock costs (Benzene, Ethylene) are also tied to crude oil and petrochemical feedstock economics. Price-Watchâ„¢ analyzes these correlations in pricing reports.

Regional SM prices vary based on local production capacity, feedstock availability, energy costs, logistics, import/export flows, and downstream demand strength. Regions with limited production or higher shipping costs often see higher prices, while integrated petrochemical hubs generally enjoy lower prices. Price-Watchâ„¢ tracks these differences globally.

SM price forecasts consider feedstock costs, crude oil and energy trends, capacity additions, plant turnarounds, downstream demand from ABS, polystyrene, and rubber sectors, seasonal patterns, trade flows, and macroeconomic conditions. Price-Watchâ„¢ publishes 12-month projections to help businesses anticipate market movements.

Yes. Accurate forecasts allow better purchasing timing, contract negotiations, and budget planning. If Price-Watchâ„¢ predicts a price rise, businesses can secure SM at current rates, optimizing costs and supply continuity.

Events like natural disasters, geopolitical tensions, trade disputes, plant accidents, feedstock supply disruptions, or pandemics can disrupt SM production and shipping, causing shortages and price spikes. Price-Watchâ„¢ provides timely alerts on such market-impacting events.

Price-Watchâ„¢ gathers data from producers, distributors, and buyers worldwide, publishing regular assessments, reports, and forecasts. Its transparent methodology ensures businesses have access to accurate and up-to-date SM pricing and market insights.

Access Real-Time Styrene Price Trends
Access Real-Time Styrene Price Trends