February 11th News: On February 11th, Lihuayi Weiyuan Chemical Co., Ltd. announced the latest styrene quotation at 7,440 yuan per ton, a decrease of 50 yuan per ton compared to the previous trading day. According to Chempricehub's analysis of styrene, the long-short rating is -1. The spot price of styrene dropped by 50 yuan per ton to 7,440 yuan per ton compared to the previous trading day, indicating an increase in market supply or weak demand, which generally exerts bearish pressure on spot prices. Combined with recent futures market data, the price of the main styrene futures contract (such as the 2603 contract) continues to decline, accompanied by a reduction in open interest, reflecting a strengthening bearish sentiment in the market. It is anticipated that futures prices may face further downward pressure, which could impact downstream procurement strategies.