#styrenemonomer

[petrochemindian]

Indian Styrene Monomer prices

Styrene monomer prices recorded a weekly decline, easing by Rs 7.00/kg to Rs 205.00/kg after closing at Rs 212.00/kg last week. The movement reflects a correction phase following a strong rally earlier this month, where Indian Styrene Monomer prices climbed close to Rs 220.00/kg. Market participants are observing a shift from aggressive buying to cautious positioning.

On a monthly basis, the product remains firmly higher, with a gain of Rs 50.00/kg highlighting strong upward momentum. Over three months, prices have surged from Rs 87.25/kg, while the six-month trend shows a rise from Rs 85.00/kg, indicating sustained strength. Indian Styrene Monomer prices continue to show resilience despite the latest dip, supported by a wide annual range between Rs 80.00/kg and Rs 220.00/kg. Styrene Monomer prices in India remain significantly above earlier levels, reinforcing the broader bullish structure.

Support is currently positioned near Rs 200.00/kg, with resistance around Rs 212.00/kg, defining the near-term trading band, Styrene Monomer, SM Prices, Price Retreat, Recent Highs, Petrochemicals, Market Correction. Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian Styrene Monomer prices

Styrene Monomer prices maintained their steady upward movement this week, extending a consistent gaining pattern in the domestic market. Indian Styrene Monomer prices increased by Rs 15/kg to Rs 195/kg, marking another incremental rise without major volatility. The movement reflects stable market behaviour with predictable weekly progression.

Looking at the broader trend, the fortnight comparison shows a gain of about Rs 20/kg, while the month view highlights a rise from levels near Rs 160/kg. Indian Styrene Monomer prices remain close to the recent high around Rs 195/kg, with earlier levels seen near Rs 170/kg. Over a three-month period, the upward structure remains intact with gradual strengthening. Styrene Monomer prices in India continue to move within a controlled upward channel, supporting steady procurement visibility, Styrene Monomer, SM Market, Market Update, Price Rise, Chemical Industry, Petrochemicals.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian Styrene Monomer (SM) prices

Styrene Monomer prices have eased slightly this week following a strong upward trend in earlier sessions. Indian Styrene Monomer (SM) prices are now at Rs 175/kg, reflecting a modest weekly decline after reaching higher levels.

The weekly movement shows a Rs 5/kg drop from Rs 180/kg, while the broader trend still reflects a rise from Rs 150/kg to recent highs. Indian Styrene Monomer (SM) prices remain near the upper end of trading despite the correction. Styrene Monomer (SM) prices in India continue to operate within a defined range, with recent highs around Rs 180/kg and lows near Rs 150/kg.

This shift indicates a transition from strong upward movement to a more stable structure, with reduced volatility and smaller price adjustments. The domestic market continues to show controlled behaviour, supporting consistent trading conditions, Styrene Monomer, SM Market, Market Update, Price Correction, Chemical Industry, Petrochemicals.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian Styrene Monomer prices

Styrene Monomer prices recorded a strong weekly increase, marking one of the most notable short-term movements in recent sessions. The domestic market shifted upward after a period of stability.

Indian Styrene Monomer prices reached Rs 175/kg this week, reflecting a Rs 25/kg gain. Over the past month, prices have remained firm, with gradual strengthening leading into this sharper move. The three-month comparison shows a clear upward trajectory from earlier levels, with current prices near the higher end of the recent band. Indian Styrene Monomer prices have maintained this firm structure, with the latest increase reinforcing the trend.

The broader range between Rs 78/kg and Rs 180/kg defines the current positioning. Styrene Monomer prices in India reflect this expanded movement, with volatility increasing during the week. Trading activity showed wider fluctuations compared with previous periods, though stability improved toward the week’s close.

The domestic market now operates near the upper range, with price behaviour indicating consolidation after the rise, Styrene Monomer, SM Market, Market Trend, Price Rise, Chemical Market, Petrochemicals. 

Read the full verified update on IndianPetrochem.com.

[shivmehara]

https://introspectivemarketresearch.com/reports/styrene-market/

Styrene Market Size Was Valued at USD 35.49 Billion in 2023, and is Projected to Reach USD 56.68 Billion by 2032, Growing at a CAGR of 5.34% From 2024-2032.