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Market looks weak. Price pressure is coming from lower China futures/spot, weaker benzene/crude sentiment, and improved supply.
25 June 2026

Market looks weak. Price pressure is coming from lower China futures/spot, weaker benzene/crude sentiment, and improved supply.

Styrene prices corrected sharply in China/Asia due to weaker crude, weak raw materials, weak demand, and restarted units increasing supply. Indian import market is also under pressure, with Kandla offers lower versus last week.

China styrene was 7,520 CNY/MT on 25 Jun 2026, down 3.71% day-on-day and 19.23% month-on-month. India Kandla imported bulk was shown at ₹110/kg on 24 Jun 2026, down from ₹120/kg on 19 Jun 2026.

Market looks weak. Price pressure is coming from lower China futures/spot, weaker benzene/crude sentiment, and improved supply. — LOK Chemicals Newsletter