About HS Code 290250
Styrene is a crucial organic compound, an aromatic hydrocarbon with the chemical formula C6H5CH=CH2, primarily used as a monomer in the production of various plastics and synthetic rubbers. Its derivatives include polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene rubber (SBR), and unsaturated polyester resins. These materials are ubiquitous in packaging, automotive parts, electronics, and construction. Global trade in styrene is massive, with major petrochemical companies acting as key importers and exporters. The market is highly sensitive to crude oil prices, downstream demand from manufacturing sectors, and global economic growth. Traders must consider volatility in pricing, stringent transportation regulations for hazardous materials, and the cyclical nature of the polymer industry. Styrene's role as a fundamental building block for a vast array of consumer and industrial products makes it a strategically important commodity in international trade.
Products Under This Code
Styrene monomer, Polystyrene feedstock, ABS plastic component, SBR rubber raw material, Unsaturated polyester resin ingredient, Styrene-butadiene latex, Expandable polystyrene (EPS) precursor
Real World Examples
LyondellBasell styrene, Trinseo styrene, INEOS Styrolution styrene, LG Chem styrene, SABIC styrene
Common Misclassification
Styrene can sometimes be confused with other aromatic monomers or solvents, but its distinct chemical structure and primary use as a polymer building block differentiate it from codes like 290290 or certain solvents in Chapter 38.
Products Classified Under 2902.50
Industry
This code belongs to the Chemicals industry.
Trade Overview
China, the USA, South Korea, and the Netherlands are prominent in the global trade of styrene, reflecting their large petrochemical and manufacturing sectors.
Frequently Asked Questions
What is HS code 290250?
HS code 290250 covers: Cyclic hydrocarbons; styrene. Styrene is a crucial organic compound, an aromatic hydrocarbon with the chemical formula C6H5CH=CH2, primarily used as a monomer in the production of various plastics and synthetic rubbers. Its derivatives include polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene rubber (SBR), and unsaturated polyester resins. These materials are ubiquitous in packaging, automotive parts, electronics, and construction. Global trade in styrene is massive, with major petrochemical companies acting as key importers and exporters. The market is highly sensitive to crude oil prices, downstream demand from manufacturing sectors, and global economic growth. Traders must consider volatility in pricing, stringent transportation regulations for hazardous materials, and the cyclical nature of the polymer industry. Styrene's role as a fundamental building block for a vast array of consumer and industrial products makes it a strategically important commodity in international trade.
What products fall under HS code 290250?
Styrene monomer, Polystyrene feedstock, ABS plastic component, SBR rubber raw material, Unsaturated polyester resin ingredient, Styrene-butadiene latex, Expandable polystyrene (EPS) precursor
What are common misclassifications for HS code 290250?
Styrene can sometimes be confused with other aromatic monomers or solvents, but its distinct chemical structure and primary use as a polymer building block differentiate it from codes like 290290 or certain solvents in Chapter 38.
How is HS code 290250 structured?
HS code 290250 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (02) identify the heading, and digits 5-6 (50) specify the subheading. This code is standardized globally by the World Customs Organization.