March 3rd News — On March 2nd, the closing price of styrene in the Asian market rose by USD 57.5 per ton, reaching USD 1,030–1,040 per ton FOB Korea and USD 1,030–1,040 per ton CFR China. According to Chempricehub's analysis of styrene, the long-short score stands at 2. The spot price of styrene in Asia closed up by USD 57.5 per ton, reaching USD 1,030–1,040 per ton FOB Korea and CFR China. This significant increase reflects tight market supply or strong demand, constituting a major positive factor. Meanwhile, the styrene futures contract 2604 on the Dalian Commodity Exchange closed up by 200 points to RMB 7,966 per ton, with a settlement price of RMB 7,728 per ton. The trading volume reached 1,072,124 lots, and open interest increased by 23,195 lots, indicating that bullish forces are dominating. The futures market is also rising in tandem, and it is expected that prices will continue to climb in the short term.