Due to the weak demand of downstream derivatives and the price cuts of raw materials, the spot price of styrene dropped sharply. As of September 23, US styrene prices fell to the lowest price in 2011.
On September 22, the US spot price for styrene was 60 cents per pound, which was the lowest price since January 3. At that time, the price was 60.30 cents per pound, and the price was still falling.
According to the US International Trade Commission, from January to July 2011, the amount of styrene exported from the United States was 698,982 tons, which was 67,152 tons less than the 766,080 tons exported from January to July of last year. About 8.76% drop.
On September 22, the US spot price for styrene was 60 cents per pound, which was the lowest price since January 3. At that time, the price was 60.30 cents per pound, and the price was still falling.
According to the US International Trade Commission, from January to July 2011, the amount of styrene exported from the United States was 698,982 tons, which was 67,152 tons less than the 766,080 tons exported from January to July of last year. About 8.76% drop.
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