OUTLOOK '20: US styrene faces headwinds from global manufacturing slowdown, soft derivative demand

摘要

HOUSTON (ICIS)--As the US styrene market enters 2020 with headwinds from a global manufacturing slowdown and persistently soft derivative demand, market participants are not optimistic for the coming year. Prices in late 2019 already are soft, with spot export prices at multi-year lows and domestic contracts at their lowest since June 2016.