| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Styrene | China | FOB | USD 1,398.27/MT | May 2026 |
| Styrene | USA | CIF | USD 1,517.19/MT | May 2026 |
| Styrene | Germany | CIF | USD 1,491.45/MT | May 2026 |
| Styrene | India | CIF | USD 1,465.34/MT | May 2026 |
| Styrene | Japan | CIF | USD 1,435.75/MT | May 2026 |
| Styrene | China | FOB | USD 1,473.82/MT | April 2026 |
| Styrene | USA | CIF | USD 1,560.82/MT | April 2026 |
| Styrene | Germany | CIF | USD 1,599.82/MT | April 2026 |
| Styrene | India | CIF | USD 1,523.82/MT | April 2026 |
| Styrene | Japan | CIF | USD 1,515.82/MT | April 2026 |
Stay updated with the latest Styrene prices, historical data, and tailored regional analysis
Renewed fighting between US and Iran has slowed shipping through the Gulf of Hormuz, disrupting supply routes. Benchmark crude prices have climbed sharply from pre-conflict levels, reflecting heightened geopolitical risk. The upward price pressure is likely to continue while tensions persist.
Intensified US-Iran military actions disrupt oil shipments through the Strait of Hormuz, causing a sharp spike in crude oil prices. The price jump leads to severe depreciation of the Indian rupee, raising import costs and inflationary concerns.
Asia
In China, the prices of Styrene were ~RMB 10.06/kg in April and ~RMB 9.46/kg in May, showing a ~6.0% decrease. Prices entered Q2 at elevated levels due to high crude oil, benzene and ethylene costs, along with shipping disruptions that restricted regional availability. Chinese styrene export transactions reached approximately 200,000 MT in April as buyers in Japan, South Korea, India and Europe sought alternative cargoes. However, domestic supply increased as profitable units restarted and maintenance programmes were postponed. Prices weakened later as overseas plants resumed operations, geopolitical premiums faded and feedstock costs declined. Demand from polystyrene, expanded polystyrene, ABS and synthetic rubber remained insufficient to absorb the additional material.
Europe
In Germany, the prices of Styrene were ~EUR 1.36/kg in April and ~EUR 1.28/kg in May, showing a ~6.2% decrease. European prices initially received support from restricted shipping, higher benzene costs and limited global supply. Producers attempted to pass these increases into downstream styrenic polymers, but converters faced difficulty transferring higher costs to customers. Purchasing remained limited to essential quantities, while inventories increased. Improved international availability and cautious demand from packaging, insulation and consumer-product applications placed downward pressure on prices toward the end of the quarter.
North America
In the United States, the prices of Styrene were ~USD 1,560.82/MT in April and ~USD 1,517.19/MT in May, showing a ~2.8% decrease. Early-quarter supply concerns and precautionary buying supported the market, while polystyrene production increased and export activity remained stable. The market softened as crude and benzene costs declined, international supply improved and downstream buyers reduced inventory building. Lower purchasing urgency outweighed support from polystyrene production and pushed prices downward through June.
Analyst Insight
According to Procurement Resource, styrene prices are expected to remain soft as supply normalises and feedstock costs stay lower, while any recovery will depend on stronger demand from styrenic polymers.
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Asia
In Asia, styrene prices recorded a significant increase across the first quarter of 2026. Styrene prices were ~7.20 RMB/kg (Spot FD) in January and ~9.99 RMB/kg in March, reflecting an increase of ~40.34% in the Chinese markets. The prices increased by ~25.22% from the previous quarter. In the initial days of the quarter, styrene prices rose due to strong benzene cost support, reduced refinery output, and lower imports, which tightened feedstock availability. Temporary shutdowns of domestic and overseas styrene plants further restricted supply, while stable downstream demand supported restocking activity. Although the downstream consumption was underwhelming around the regional holiday season, its effects were largely limited because of the ongoing trade uncertainties driven by major geopolitical factors. By the last month of the quarter, styrene prices surged sharply due to tensions in the Middle East as the conflict between Iran and the USA started, including disruptions around the Strait of Hormuz, which increased crude oil prices and sharply raised benzene costs. Supply tightened again due to maintenance and cautious production, while logistical disruptions and risk premiums further amplified the price increase, even as downstream demand remained cautious due to high costs. In India, the styrene prices were approximately 87.80 INR/kg (CFR) in January and approximately 173.56 INR/kg in March, increasing by ~93.89%. The prices increased by ~35.06% from the previous quarter. This significant increase in prices was fuelled by the country’s heavy reliance on imports, which made its prices more vulnerable to the increasing international prices of styrene, along with freight and insurance costs.
Europe
For Europe, the prices of styrene were mainly determined by the changes in the costs of feedstocks and market supply. Increasing feedstock prices associated with volatile crude oil costs played a role in increasing prices, whereas any supply concerns because of external influences pushed prices higher. The demand for downstream industries, however, was relatively stable but the geopolitical tensions and closure of major routes amid the Iran War drove prices higher.
North America
In North America, styrene prices continued their upward trajectory owing to increasing feedstock prices and relatively consistent demand in downstream industries in the first quarter of 2026. The market situation was affected by increases in costs associated with crude oil prices and supply limitations like its global counterparts.
Styrene is an organic compound derived from benzene. In appearance, it is a colourless oily liquid that evaporates quickly while leaving behind a sweet smell. Styrene is often composed of other chemicals that give it a sharp, unpleasant smell. It dissolves in some liquids but doesn't dissolve easily in water. It tends to polymerise readily at temperatures of more than 90°C. Styrene monomer finds wide applications in both the plastics and the synthetic rubber industries.
C8H8
Latex, Polystyrene and copolymers, Synthetic rubber, Polystyrene resins, Solid and film polystyrene, Packaging materials, As insulation for electrical uses, Fibreglass, Plastic components, Automobile parts, CD cases
100-42-5, Ethenylbenzene, Phenylethylene, Vinylbenzene, Phenylethene, Cinnamene, Styrol, Diarex HF 77, Styrolene, Styropol
LyondellBasell Industries Holdings B.V., Reliance Industries Limited, Shell Chemicals, Acros Organics, Central Drug House, SABIC
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Styrene is produced predominately from ethylbenzene. In this process, ethylbenzene is dehydrogenated using superheated steam (up to 600°C) in the presence of an iron (III) oxide catalyst. Typical catalysts are based on ferric oxide with the additives chromia (Cr2O3) (stabiliser) and potassium oxide (coke retardant).
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This report presents a detailed cost analysis of Styrene Butadiene Rubber (SBR) production via continuous solution process.
This report provides the cost structure of polystyrene production by the polymerization method.
This report presents a cost analysis of Styrene/Acrylonitrile (SAN) copolymer production from styrene and acrylonitrile from bulk polymerisation process.
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Styrene Butadiene Styrene Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
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