February 6th News: On February 5th, the closing price of the styrene market in Asia fell by USD 15 per ton, with closing prices at USD 975–985 per ton FOB Korea and USD 975–985 per ton CFR China. Chempricehub's analysis of styrene shows a bearish score of -1.5. The article reports that the spot price of styrene in Asia dropped by USD 15 per ton on February 5th, with closing prices at USD 975–985 per ton FOB Korea and CFR China, indicating an oversupply or weak demand in the market, which poses a significant bearish pressure on spot prices. Combined with futures data, the styrene futures contract on the Dalian Commodity Exchange, such as the 2610 contract, closed at CNY 7,329 per ton, down by CNY 64, with a settlement price of CNY 7,369 and an increase in open interest by 244 lots, reflecting a stronger bearish sentiment in the market. The 2603 contract recorded a high trading volume of 858,820 lots, closing at CNY 7,689 per ton with a minimal change of CNY 9, but the overall trend remains weak. The simultaneous decline in futures prices reflects the transmission of spot market weakness to the futures market, with short-term prices expected to remain under pressure. The score of -1.5 indicates a moderately strong bearish outlook, as the decline is moderate and futures data reinforce the downside risks.