North America Styrene Prices Movement Q3:

Styrene Prices in United States:

In the third quarter of 2024, the styrene price index in the United States reached 1,345 USD per metric ton by September. The market experienced upward pressure due to high feedstock costs and firm demand from the plastics and automotive sectors. Limited supply and ongoing energy cost challenges also contributed to the overall price stability during the quarter.

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

APAC Styrene Prices Movement Q3:

Styrene Prices in China:

Styrene prices in China during Q3 2024 settled at 1100 USD/MT in September. The pricing trend reflected stable domestic demand and adequate supply. However, slight fluctuations occurred due to feedstock volatility and export market uncertainties. The balanced production rate and inventory levels helped maintain a consistent pricing trend throughout the quarter.

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 the Netherlands, styrene prices reached 1150 USD/MT in September 2024. The market saw steady demand from packaging and insulation industries, while energy and production costs continued to influence pricing. European environmental regulations and feedstock imports from other regions also played a significant role in shaping Q3 market dynamics.

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:

During Q3 2024, styrene prices in Saudi Arabia stood at 1160 USD/MT by September. The pricing trend was supported by firm domestic demand and competitive production costs. Export activity and regional demand from the plastics industry helped maintain price levels, despite some fluctuations in raw material availability and global trade conditions.

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 pricing and supply depend on raw materials like benzene and ethylene, alongside energy and production costs. Market trends are shaped by demand from plastics and packaging sectors. Supply chain issues, trade policies, environmental rules, and geopolitical tensions also contribute to price volatility and market shifts.

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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
  • 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.

IMARC Group provides professional chemical price analysis services to enable businesses to leverage their pricing and maximize profitability. Our thorough research examines market trends, competitor prices, customer willingness-to-pay, and costs, making data-driven decisions possible. By establishing pricing opportunities and cost-saving initiatives, we enable organizations to remain competitive and maximize market potential. Whether it's creating dynamic pricing strategies, performing cost benchmarking, or analysing pricing effects, our customized solutions enable companies to realize sustainable growth.

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