On January 30, Lihuayi Weiyuan Chemical Co., Ltd. quoted the latest styrene price at 7,870 yuan per ton, an increase of 170 yuan per ton compared to the previous trading day. PriceSeek analysis of styrene, long-short score: 2. The spot price of styrene has been raised by 170 yuan per ton to 7,870 yuan per ton, indicating tight market supply or strong demand, which constitutes a significant positive factor for spot prices. Combined with the recent upward trend in styrene futures contracts (such as the 2603 contract, which rose by 123 yuan on January 29), this spot price increase may further drive up futures prices, as the futures market typically follows spot market trends. It is expected that futures contracts will continue their upward momentum.
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