March 26th News — On March 25th, the closing price of the styrene market in Asia fell by USD 25 per ton, settling at USD 1320–1330 per ton FOB Korea and USD 1305–1315 per ton CFR China. Chempricehub analyzed styrene with a long-short score of -2. The article indicates that spot prices of styrene in Asia declined by USD 25 per ton, closing at USD 1320–1330 per ton FOB Korea and USD 1305–1315 per ton CFR China, suggesting market oversupply or weak demand. Combined with futures data, the main contract 2605 on the Dalian Commodity Exchange closed at CNY 10,105 per ton, down by CNY 399 per ton (a decline of 3.9%), with a settlement price of CNY 9,979 per ton, a trading volume of 760,498 lots, and open interest decreasing by 3,023 lots, reflecting a strengthening bearish sentiment. The simultaneous decline in spot and futures prices exerts significant downward pressure on prices, likely due to weakening demand or increased inventories in the Asian region.