May 14 News – On May 14, Lihua Yiwei Yuan Chemical Co., Ltd. quoted the latest price of styrene at 9,450 RMB/ton, down 100 RMB/ton from the previous trading day. Chempricehub comments on styrene: Bullish-Bearish Score: -1.

At the spot level, Lihua Yiwei Yuan, a key domestic producer, lowered its styrene quotation by 100 RMB/ton to 9,450 RMB/ton on May 14, reflecting insufficient spot market demand support and exerting bearish pressure on styrene spot prices.

At the futures level, on May 13, all near-term styrene contracts on the Dalian Commodity Exchange (DCE) closed lower. The main contract (2607) settled at 9,164 RMB/ton, down 73 RMB/ton, with open interest increasing by 18,454 lots. In the short term, the bearish force on the futures side remains strong, weighing on futures prices.