During the current period (September 17–23, 2026), the average profit for Chinese non-integrated styrene units stood at -931 RMB/ton. This represents a week-on-week increase in losses of 378 RMB/ton, with the magnitude of loss expanding by 68.34% compared to the previous week. Weekly data indicates that losses for non-integrated enterprises have further intensified. Overall industry profitability remains at a low level seen in recent years, placing significant pressure on unit operating rates, while downward price pressure driven by costs has slightly increased.
| Trend Chart of Profit for Non-Integrated Styrene Units, 2022–2026 (RMB/ton) |
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Data Source: Chempricehub Information
Weekly Data Comparison of Profits for Chinese Non-Integrated Styrene Units (RMB/ton)
| Category | Week Ending Sep 23 | Week Ending Sep 16 | Change | % Change |
|---|---|---|---|---|
| Non-integrated Units | -931.01 | -553.05 | -377.96 | -68.34% |
Data Source: Chempricehub Information
Comparison Table of Price, Cost, and Profit for Chinese Non-Integrated Styrene Units vs. Same Period Last Year (Unit: RMB/ton)
| Item | 2026/9/23 | 2025/9/23 | Price Difference | Unit |
|---|---|---|---|---|
| Pure Benzene | 9940 | 5840 | 4100 | RMB/ton |
| Ethylene CFR Northeast Asia | 1180 | 845 | 335 | USD/ton |
| Styrene | 10050 | 6870 | 3180 | RMB/ton |
| Styrene Production Cost | 11297.80 | 7432 | 3865 | RMB/ton |
| Non-integrated Unit Profit | -1248 | -562 | -685 | RMB/ton |
Data Source: Chempricehub Information
On the raw materials side, pure benzene supply continues to increase, but the contradiction of weak actual demand is gradually becoming apparent. The logic of closing short positions via delivery, which previously supported pure benzene prices, is fading, creating downward pressure on the market center of gravity for pure benzene. However, based on current spreads, pure benzene still provides strong cost support for styrene. The recovery of styrene's own supply has fallen below expectations, and combined with exporters arranging shipments, the tight spot market situation is unlikely to fundamentally reverse in the short term. Nevertheless, negative feedback from downstream sectors is evident; as demand declines approaching the upcoming double holidays (Mid-Autumn Festival and National Day), upside potential for the market may be suppressed. In the short term, influenced by the current profit environment, load reductions at non-integrated styrene units are frequent. It is expected that processing profits for non-integrated units will see a slight recovery next week.
As of this week, the average profit for Chinese non-integrated styrene units has dropped significantly. Under the current profit conditions, production and sales at non-integrated units face considerable pressure. Rigid support from raw material costs persists, establishing a floor for styrene prices.
| Daily Profit and Market Price Trend Chart for Non-Integrated Styrene Units (RMB/ton) |
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Data Source: Chempricehub Information
Sample Description: On the day of data release, Chempricehub Information monitors theoretical profits based on raw material prices and mainstream transaction prices for styrene in major Chinese production regions.
Terminology Explanation: "Non-integrated profit" refers to the production profit of styrene non-integrated units that procure raw materials externally. It is calculated by subtracting the total per-ton cost and additional expenses (excluding financial costs) from the actual spot transaction price in the mainstream market.
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