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Chempricehub Alert: Styrene price quoted down by 20 yuan.
Published on 2026-01-03
December 25th News On December 25th, Lihuayi Weiyuan Chemical Co., Ltd. quoted the latest price at 6,440 yuan per ton, down by 20 yuan per ton compared to the previous trading day. Chempricehub Analysis of Styrene: Bull-Bear Score: -1 Spot Market: Lihuayi Weiyuan Chemical lowered its quotation by 20 yuan per ton to 6,440 yuan per ton, reflecting loose market supply or weak demand, which generally exerts bearish pressure on spot prices. Futures Market: Combined with the performance of styrene’s main contracts (e.g., the 2602 contract closed at 6,598 yuan per ton, down 12 yuan; the 2603 contract closed at 6,662 yuan per ton, down 3 yuan), prices generally experienced slight declines. Changes in open interest indicate increased positions in some contracts, but prices remain under pressure. It is expected that the spot price decline will intensify bearish sentiment in the futures market, driving futures prices further downward. Overall Analysis: Short-term price pressure is relatively high, but the magnitude is limited.