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 Monomer
Asian SM Rallies on Benzene Gains; Indian Copolymer Market Eyes Seasonal Recovery
Styrene Monomer prices strengthened across Asia despite weak crude trends, with Indian bulk imports priced at ₹82/kg. Domestic Styrene Copolymer markets remained subdued in April, but demand is expected to rebound from June. Upstream benzene prices firmed up, while traders anticipate steady price hikes due to seasonal demand and tighter supply.
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6 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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6 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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7 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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1 day agoMethanol
India Holds Firm as Sanctions Reshape Asia’s Methanol Trade
Methanol markets across Asia remained muted this week. India stood out as the strongest netback market, with sanctions on Iranian cargoes tightening availability and keeping prices firm near ₹30/kg despite cautious demand during a festive lull. Non-sanctioned sellers are largely sold out for September, leaving October offers pending, while global production shortfalls and diverted cargoes continue to shape regional trade flows.
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3 days agoToluene
Backwardation Benzene Futures Hint at Bearish Sentiment for Toluene Ahead
Domestic toluene prices rose by ₹1/kg amid thin festive trading and limited supply. Demand from pharma, paints, and coatings stayed weak due to monsoon disruptions. Imports are expected to ease tightness later in August. Refinery margins remain pressured, while Asian benzene futures signal bearish sentiment, keeping the medium-term outlook cautious.
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9 days ago
US Crackdown on Artificial Food Dyes Spurs Curcumin Demand as Heavy Monsoons Pressure Indian Turmeric Yields
Curcumin prices surged 8–9% this week on supply disruptions from heavy monsoons and firm demand from pharma and nutraceuticals. Regulatory shifts, including the U.S. crackdown on artificial dyes, are driving global adoption of Curcumin E100. With tight feedstock availability and bullish fundamentals, buyers are advised to secure inventories early.
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17 days agoAcetic AcidMethanol
Acetic Acid Holding Firm For Now; Methanol Crunch and Demand Revival Set Stage for Surge
Indian Acetic Acid prices remain stable despite downstream price adjustments and feedstock concerns. Methanol supply risks from U.S. sanctions on Iranian exporters could tighten availability and push costs higher. Post-monsoon demand from VAM and pharma segments may support prices, making this a good window for strategic inventory building.
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19 days agoMDCMethanolAcetic Acid
US Ban on Iranian Methanol Importers Fuels Global Price Spike, Lifts MDC on Feedstock Crunch
Indian MDC prices jumped ₹4.50/kg in a week, supported by surging methanol feedstock costs after U.S. sanctions on Iranian-origin imports. Supply in the West is tight, while the South operates at full capacity. Despite weak downstream demand, prices are likely to remain bullish due to persistent feedstock shortages and sanctions risk.
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