Styrene Monomer
SM, also known as styrene monomer, is the key petrochemical derived from petroleum/natural gas. It is widely used in the production of synthetic rubber and a wi...





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3 months agoStyrene MonomerABS
Styrene Market Faces Pressure Amid Cost Challenges and Weak Demand
Styrene Monomer prices showed minimal fluctuations due to weak buying trends. Rising benzene costs have increased production expenses, squeezing profit margins. Demand remains sluggish, particularly in EPS and 3S sectors. Meanwhile, supply remains stable despite maintenance activities. Market expectations indicate continued price consolidation, influenced by crude oil trends and benzene movements.
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3 months agoStyrene Monomer
Polystyrene Market Stabilizes Amid Rising Costs and Strong Demand
Polystyrene prices increased in January, driven by strong export demand, restocking, and higher benzene costs. Prices later stabilized despite fluctuations in feedstock ethylene and styrene. Supply tightened due to reduced imports and limited production expansions. While cost pressures persist, steady demand from packaging and construction supports a stable market outlook.
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4 months agoStyrene MonomerABS
Styrene Market Balances Amid Inventory Pressure and Seasonal Demand
The styrene market shows mixed trends, balancing adequate supply and moderate demand. Prices rose marginally in China to 8,550 Yuan/MT. Imported styrene at Kandla is priced at ₹95.5/kg. Despite seasonal stocking, increasing inventories weigh on market momentum. Near-term fluctuations are expected, influenced by supply pressures and cautious demand recovery.
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2 days ago
Pyridine Market Mixed: 2-Picoline Demand Steady; 3-Picoline Weakens on Niacinamide Slowdown
The Indian Pyridine market showed a mixed trend this week. While 2-Picoline prices remained supported by seasonal agrochemical demand, 3-Picoline saw price weakness due to subdued Niacinamide consumption. Jubilant Life Sciences ramped up Niacinamide output, potentially increasing supply. Overall sentiment remains cautious, with selective downstream sectors driving demand.
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3 days agoVAM
Indian VAM Prices Dip on Sluggish Demand; Supply Set to Improve with Celanese Restart
Vinyl Acetate Monomer (VAM) prices in India declined by ₹1/kg due to weak demand from paints and adhesives sectors. While April saw tight supply, upcoming shipments and Celanese’s plant restart are expected to ease concerns. Market participants anticipate further price corrections as demand slows and importers hold off on fresh buys.
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6 days agoToluene
Indian Toluene Market Sees Price Correction on Weak Crude, Tepid Demand
Toluene prices in the domestic Indian market saw a downward revision of ₹1/kg, as importers adjusted rates amid falling crude benchmarks and sluggish downstream demand. Bulk deals from importers were quoted at ₹64.50++ per kg (ex-Kandla) and ₹65.50++ per kg (ex-Mumbai) for 60-day payment terms. Meanwhile, trader offers were reported at ₹66++ per kg (ex-Mumbai) and ₹65.75++ per kg (ex-Kandla) under similar credit terms.
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7 days agoAcetic AcidEthyl AcetateMethanol
COVID Spike Lifts FOB China Acetic Acid to $340/MT
FOB China Acetic Acid surged $20 to $340/MT amid restocking triggered by rising COVID cases. However, Indian prices fell ₹1–1.5/kg due to weak demand and ongoing shutdowns at major plants. Inventory tightness and pharma sector demand could trigger a sharp rebound. Traders are actively building stocks ahead of June.
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9 days agoEthyl Acetate
Diketene Derivatives Prices Hold Firm Amid Volatile Feedstock Costs
Diketene derivatives like EAA and MAA held steady as rising feedstock costs and strong downstream demand supported prices. Pharma and seasonal agrochemical demand kept offtake buoyant. Ethyl acetate surged 4% amid tight supply, while methanol and sodium methoxide stayed firm. Prices are expected to remain bullish through May 2025.
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13 days agoAcetic Acid
Acetic Acid Prices Firm on Vessel Delay Speculation
Acetic Acid prices in India rose by ₹2/kg amid concerns over vessel delays and tight supply. Importers and traders are holding back large-volume offers, anticipating further escalation. Despite subdued demand from Ethyl Acetate and Acetic Anhydride producers, strong offtake from bulk drugs and MCAA sectors is supporting bullish sentiment. Market eyes further price rebound.
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