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Arbitrage Analysis of Asian Styrene Spot and Futures Markets on September 23

Published on 2026-09-23
Date (Sept. 23) CFR China East China Market Price RMB Exchange Rate East China Market Price - CFR China USD Converted to RMB Price
Unit USD/ton CNY/ton -- -- --
November 1285 9727 6.6987 -284 10011

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  • Wei Zhang 2026-09-23 20:11
    Seeing a negative arbitrage spread of 284 CNY/ton for styrene suggests domestic prices are lagging behind import parity. This compression likely pressures local margin and reduces incentive for new feedstock procurement,..
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