Welcome to Chempricehub

 
Home > Category > News > 
styrene
Chempricehub Alert: Spot price of styrene raised, indicating positive market outlook.
Published on 2026-01-13

January 13th News
On January 13th, Lihuayi Weiyuan Chemical Co., Ltd. quoted the latest price at 6,950 yuan/ton, an increase of 80 yuan/ton compared to the previous trading day.

Chempricehub Analysis on Styrene, Bull-Bear Score: 1
The article reports that the spot price of styrene has been raised by 80 yuan/ton to 6,950 yuan/ton, indicating a tightening market supply or strengthening demand, which directly benefits the spot price. Combined with the latest futures data (dated January 12, 2026), the closing prices of major contracts such as 2602 at 7,074 yuan (up 159 yuan) and 2603 at 7,124 yuan (up 157 yuan) show that the futures market is already in an upward trend. The spot price increase may further raise expectations for futures prices, strengthen bullish sentiment, and support the rise of futures contracts. Overall, this news constitutes a moderate positive for both spot and futures markets.

Comments

0
No comments yet.