On February 4, the closing price of the styrene market in Asia increased by USD 17.5 per ton, reaching USD 990–1,000 per ton FOB Korea and USD 990–1,000 per ton CFR China. PriceSeek's analysis of styrene indicates a long-short score of 1.5. The report states that on February 4, the spot closing price of styrene in Asia rose by USD 17.5 per ton to USD 990–1,000 per ton FOB Korea and CFR China. This suggests strong demand or tightening supply in the Asian market, providing significant support for spot prices. Considering styrene futures data (such as the main contracts 2603 and 2604), recent prices (as of February 6, 2026) generally declined across contracts (e.g., the settlement price of contract 2603 was CNY 7,658 per ton, with a change of -98). However, the rise in spot prices may drive a rebound in the futures market. Given that the increase in spot prices is reasonable (approximately 1.8%) and reflects improved regional supply and demand, it is expected to bolster an upward trend in futures prices. A rating of 1.5 indicates a relatively strong positive outlook. Investors should monitor the transmission effect of spot demand on futures contracts.
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