April 1st News: On April 1st, Lihuayi Weiyuan Chemical Co., Ltd. announced the latest styrene price at 10,300 yuan per ton, a decrease of 350 yuan per ton compared to the previous trading day. Chempricehub's analysis of styrene shows a long-short score of -1.5. The spot price of styrene fell by 350 yuan per ton to 10,300 yuan per ton compared to the previous trading day, indicating ample market supply or weakened demand, which constitutes a significant bearish factor for spot prices. Combined with futures data from March 31st, the closing price of the main contract 2605 was 10,597 yuan per ton, with a settlement price of 10,641 yuan per ton, a decrease of 191 yuan, and a reduction in open interest. The further decline in spot prices may intensify downward pressure on futures, as futures prices typically reflect future expectations. The current trend shows strong bearish sentiment, which is unfavorable for long positions. The score of -1.5 (generally significant bearish) is based on the substantial price decline and continued weakening trend.