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Chempricehub Alert: Asian Styrene Prices Rise by $5, Signaling Positive Market Trend
Published on 2026-03-27

March 27th News: On March 26th, the closing price of the styrene market in Asia rose by $5 per ton, with closing prices at $1,325–$1,345 per ton FOB Korea and $1,305–$1,325 per ton CFR China. Chempricehub's analysis of styrene, with a long-short score of +1, reported that the spot closing price of styrene in Asia on March 26th increased by $5 per ton (FOB Korea $1,325–$1,345 per ton, CFR China $1,305–$1,325 per ton), indicating tight supply and demand in the spot market, strong demand or reduced supply, which is favorable for spot prices. Combined with futures data, the settlement price of the main styrene futures contract 2605 was 10,029 yuan per ton, up by 50 yuan per ton, with a trading volume of 520,157 contracts and open interest of 197,934 contracts, showing a synchronized upward trend in the futures market and active capital inflow, further supporting futures prices. Therefore, the score is +1, indicating a generally positive outlook.

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