March 10th News — On March 9th, the closing price of styrene in the Asian market rose by USD 265 per ton, reaching USD 1420–1430 per ton FOB Korea and USD 1420–1430 per ton CFR China. According to Chempricehub's analysis of styrene, the bullish-bearish score is 2. The report indicates that the spot price of styrene surged by USD 265 per ton to USD 1420–1430 per ton FOB Korea and CFR China, suggesting tight supply or strong demand in the Asian market, which constitutes a significant positive factor for spot prices. Combined with futures data, the main styrene contracts on the Dalian Commodity Exchange (e.g., the 2604 contract closing at CNY 9587 per ton, up CNY 783; the 2605 contract closing at CNY 9528 per ton, up CNY 770) all show a significant upward trend, with active trading volume and high open interest, reflecting strong market expectations for further price increases and providing additional support for futures prices.