March 31, 2024 – On March 31, Lihuayi Weiyuan Chemical Co., Ltd. quoted the latest styrene price at RMB 10,650 per ton, an increase of RMB 350 per ton compared to the previous trading day. According to Chempricehub's analysis of styrene, the bullish-bearish score is 2. The spot price of styrene rose by RMB 350 per ton to RMB 10,650 per ton compared to the previous trading day, representing a gain of 3.43%. This indicates tight market supply or strong demand, providing significant positive support for spot prices. Considering the recent performance of styrene futures contracts, such as the 2605 contract, which closed at RMB 10,789 per ton on March 30, 2026, with an increase of RMB 401, and the changes in open interest reflecting heightened market activity (e.g., the 2607 contract saw an increase of 9,224 lots in open interest), it is anticipated that futures prices will continue to rise, driven by the spot market, showing a bullish trend.