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Chempricehub Alert: The spot price of styrene has been raised, which is favorable for the market.
Published on 2026-03-02
March 2nd News: On March 2nd, Lihuayi Weiyuan Chemical Co., Ltd. announced the latest styrene price at 7,800 yuan per ton, an increase of 270 yuan per ton compared to the previous trading day. Chempricehub analyzed styrene with a bullish-bearish score of 1. The article indicates that the spot price of styrene rose by 270 yuan per ton to 7,800 yuan per ton, reflecting tightening market supply and demand, strong demand, and significant positive support for spot prices. Combined with futures data, although major styrene contracts such as 2605 (closing price 7,484 yuan per ton, settlement price 7,485 yuan per ton) declined in the previous trading day, the rise in spot prices is expected to boost market sentiment in the futures market, driving a rebound in futures prices and supporting bullish trends.