March 6th News: On March 5th, the closing price of the styrene market in Asia rose by USD 70/ton, reaching USD 1115-1125/ton FOB Korea and USD 1115-1125/ton CFR China. Chempricehub analyzed styrene, with a bullish-bearish score of 2. The article indicates that on March 5th, the spot price of styrene in Asia surged by USD 70/ton, with both FOB Korea and CFR China prices reaching USD 1115-1125/ton, reflecting tight regional supply and demand as well as robust demand, which is favorable for the spot market. Combined with futures data, the main styrene futures contract, such as 2604, closed at CNY 8656/ton (up by CNY 236), with open interest increasing by 29,428 lots and high trading volume, indicating strong market bullish expectations and supporting further upward movement in futures prices. Overall, this event is a significant positive development, and it is recommended to monitor long opportunities.