April 21 — On April 20, the closing price of styrene in the Asian market fell by US$7.5 per ton. The FOB Korea closing price was US$1,335–1,350 per ton, while the CFR China closing price was US$1,290–1,305 per ton. Chempricehub analyzed styrene with a long-short score of -1.5. The article reported that spot prices of styrene in Asia dropped by US$7.5 per ton, with FOB Korea closing at US$1,335–1,350 per ton and CFR China at US$1,290–1,305 per ton, reflecting pressure from oversupply or weak demand in the market. Combined with styrene futures, the main contract 2605 settled at 9,803 yuan per ton, down 164 yuan, a decrease of 1.65%, with open interest decreasing by 29,195 lots, indicating capital outflow and strengthening bearish sentiment. Far-month contracts, such as 2606, settled at 9,600 yuan per ton, down 179 yuan, a decline of 1.83%. Overall, futures prices continued to decline, reinforcing the weakness in the spot market. Therefore, the score is -1.5 (moderately bearish), and the downward price trend is likely to continue.