Styrene Prices, News, Demand, Historical Price Chart & Forecast Data Report

North America Styrene Price Movement Q3:

What is the price of styrene in the USA?

In Q3 2024, styrene prices in the USA fell to 1345 USD/MT, primarily driven by feedstock shortages that limited production. This decline was further exacerbated by weakened demand from key sectors such as automotive and electronics. However, there is cautious optimism for a market recovery as conditions may stabilize by the quarter's end.

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APAC Styrene Price Movement Q3:

Styrene Prices in China:

In Q3 2024, styrene prices in China fell to 1100 USD/MT, driven by an oversupply in the market and diminished demand from vital sectors like automotive and construction. Additionally, logistical challenges and the impact of monsoon weather further hindered industrial activity, contributing to the significant decline in prices during this period.

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 Price Movement Q3:

Styrene Prices in Netherlands:

In Q3 2024, styrene prices in the Netherlands dropped to 1150 USD/MT, primarily influenced by fluctuating raw material costs and weak demand. Although some stabilization was observed later in the quarter, persistent economic uncertainties and shifting supply dynamics continued to exert downward pressure on the market, reflecting broader trends affecting Europe.

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.

Styrene Prices in Saudi Arabia:

In Q3 2024, styrene prices in Saudi Arabia rose to 1160 USD/MT, fueled by robust demand from the construction, automotive, and packaging sectors. This steady increase was supported by stable feedstock costs and moderate supply levels, allowing the market to maintain its growth trajectory despite ongoing global economic uncertainties impacting other regions.

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.

What affects the price of styrene?

The price of styrene is influenced by several factors, including feedstock availability, production levels, and demand from key sectors like automotive and construction. Additionally, market dynamics such as oversupply, logistical challenges, fluctuating raw material costs, and broader economic uncertainties play significant roles in shaping price trends across different regions.

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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

o?? Spot Prices by Major Ports

o?? Price Breakup

o?? Price Trends by Region

o?? 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.

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