India’s Styrene Copolymer market witnessed a price rise of 2.8% in July 2025 on a CFR-JNPT basis over June, backed by steady demand from the appliances, electronics, and automotive sectors. In August, prices are likely to rise by 1% supported by restocking and pre-festival buying. The September outlook indicates a 1.3% price rise, whereas in October, a 1% decline is expected due to post-festival slowdowns.
India’s Styrene Copolymer supply remained stable in July, with imports majorly meeting the requirements. There were no major disruptions in the supply, ensuring adequate availability of Styrene Copolymer. Companies maintained lean stocks and used the available material to meet the demand without building heavy inventories. Asian styrene and benzene softness led to cautious procurement with distributors focusing on selective quotations. Freight and booking rates remained supportive for steady import of Styrene Copolymer. In August, improved logistics to ease distribution, will bolster supply to the demand centres. The electronics and packaging industries, key consumers of Styrene Copolymer, are ramping up orders to meet the demand for the festival.
The trading in the Styrene Copolymer market remained measured in July with downstream industries continuing to rely on the available stocks, with limited spot purchases. Stable acrylonitrile costs contained the input pressures, keeping Styrene Copolymer offers balanced. In August, trading is active, with buyers aligning for pre-festival demand. Companies are increasing Styrene Copolymer orders, supporting the forecast 1% price rise. In September, there should be steady order volumes from the appliances and packaging sectors, driving a 1.3% price rise with sufficient import supplies meeting the short-term requirement. In October, the consumption should witness a drop from electronics and packaging followed by post-festival slowdowns with competitive offers from Asia driving a price drop of 1.0% with stabilizing inventory levels.
Electronics, the key consumer of Styrene Copolymer, witnessed steady demand during July, supported by a 7–8% rise in smartphone shipment and firm Q2 2025 exports. The packaging segment also maintained firm Styrene Copolymer demand for applications in rigid and semi-rigid containers, supported by the output of fast-moving consumer goods. In August, both these sectors are ramping up Styrene Copolymer orders to cater to the festive demand. In September, steady but cautious buying is likely to sustain the requirement. In October, post-festival slowdowns in electronics and packaging are likely to bring down the Styrene Copolymer consumption as firms manage their stocks cautiously.
India’s Styrene Copolymer market is adjusting to the seasonal pressures efficiently. The rise in July was driven by steady demand against adequate imports, whereas the growth in August is being backed by the festival buying and improvement in logistics. The rise in September is in line with the sustained manufacturing, whereas the drop in October is likely to reflect selective buying as the stocks stabilize. Steady import flow and the input costs of raw material will keep the Styrene Copolymer market efficient, managing the seasonal demand well through October 2025.
