Styrene Prices, Trend, Chart, Index, Demand, Historical & Forecast Data

North America Styrene Prices Movement Q3:

Styrene Prices in United States:

The styrene price trend in Q3 2024 indicated that U.S. styrene prices declined to 1,345 USD/MT by September, driven by feedstock shortages that restricted production. While supply constraints offered temporary price support, overall demand weakened, particularly in the automotive and electronics sectors. This decline reflected reduced industrial activity and cautious market sentiment. However, optimism remains for a potential recovery by the quarter’s end, as improvements in supply chain conditions and a rebound in downstream demand could help stabilize pricing trends moving forward.

Get the Real-Time Prices Analysis: https://www.imarcgroup.com/styrene-pricing-report/requestsample

Note: The analysis can be tailored to align with the customer's specific needs.

APAC Styrene Prices Movement Q3:

Styrene Prices in China:

In Q3 2024, China’s styrene prices fell to 1,100 USD/MT by September, driven by market oversupply and weakened demand from key sectors such as automotive and construction. Logistical disruptions, exacerbated by monsoon conditions, further slowed industrial activity, contributing to the continued price decline. The excess supply and reduced consumption exerted downward pressure on the market, limiting prospects for recovery. Despite these challenges, industry participants remained vigilant for potential demand rebounds that could help stabilize prices in the coming months.

Regional Analysis:  The price analysis can be extended to provide detailed Styrene price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Styrene Prices Movement Q3:

Styrene Prices in Netherlands:

In Q3 2024, styrene prices in the Netherlands dropped to 1,150 USD/MT by September, driven by fluctuating raw material costs and weak demand across key industries. Although some stabilization emerged later in the quarter, economic uncertainties and shifting supply dynamics maintained a bearish market outlook. Broader European trends, marked by reduced industrial activity and cautious purchasing, further pressured prices. As the quarter progressed, market participants closely watched potential supply adjustments and economic shifts that could shape future price movements.

Regional Analysis:  The price analysis can be expanded to include detailed Styrene price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

MEA Styrene Prices Movement Q3:

Styrene Prices in Saudi Arabia:

In Q3 2024, styrene prices in Saudi Arabia increased to 1,160 USD/MT by September, supported by strong demand from the construction, automotive, and packaging industries. Stable feedstock costs and moderate supply contributed to this upward trend. Despite global economic uncertainties, steady industrial activity and consistent consumption sustained market growth. This price rise highlighted the strength of the region’s manufacturing sector and its resilience to external economic fluctuations throughout the quarter.

Regional Analysis:  The price analysis can be extended to provide detailed Styrene price information for the following list of countries.

Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Factors Affecting Styrene Supply and Prices

Styrene supply and pricing are driven by raw material availability, particularly benzene and ethylene, as well as production and energy costs. Demand from key industries such as plastics, automotive, and packaging significantly impacts market trends. Additionally, factors like supply chain disruptions, geopolitical developments, environmental regulations, and global trade policies play a crucial role in price fluctuations.

Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=22357&flag=C

Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Styrene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Styrene price trend, offering key insights into global Styrene market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Styrene demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145