January 27th News: On January 27th, the latest quotation for styrene from Lihuayi Weiyuan Chemical Co., Ltd. was 7,640 yuan per ton, a decrease of 30 yuan per ton compared to the previous trading day. Chempricehub's analysis of styrene gave a long-short score of -1. The article indicates that the latest spot price for styrene is 7,640 yuan per ton, down 30 yuan per ton from the previous trading day, a decline of approximately 0.39%. This suggests ample market supply or weak demand, exerting a generally bearish pressure on spot prices. Considering the styrene futures market, such as the recent upward trend in the 2603 contract, the decline in spot prices may increase expectations of a downturn in futures, putting pressure on futures prices. It is anticipated that future contracts, such as 2605 or 2606, may face the risk of a correction.