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ChemPriceHub Important Reminder: Wanhua Chemical Increases Styrene Price
Published on 2026-01-12
On the 12th, Wanhua Chemical Group Co., Ltd. increased the styrene price by 300 yuan/ton in East China, with the latest quotation at 7,300 yuan/ton. In North China, the styrene price was also raised by 300 yuan/ton, with the latest quotation at 7,150 yuan/ton, and sales remained stable. PriceSeek's analysis of styrene shows a bullish-bearish score of 2. The article reports that Wanhua Chemical has raised the spot price of styrene by 300 yuan/ton in East and North China, with the latest quotations at 7,300 yuan/ton and 7,150 yuan/ton, respectively, while sales remain steady. This indicates tight supply or robust demand in the spot market, with a significant price increase, which constitutes a major positive for the styrene spot market. Considering recent styrene futures trends (e.g., the closing price of the Dalian Commodity Exchange's 2601 contract at 6,778 yuan/ton, up 55 points; the 2602 contract closing at 6,895 yuan/ton, up 19 points), the rise in spot prices may reinforce bullish expectations in the futures market, driving further upward movement in major contracts such as 2603 and 2604, as cost support and improved supply-demand signals strengthen bullish sentiment.