March 24th News — On March 23rd, the closing price of the styrene market in Asia rose by USD 120 per ton, with closing prices ranging from USD 420 to 1,440 per ton FOB Korea and USD 1,410 to 1,430 per ton CFR China. According to Chempricehub's analysis of styrene, the bullish-bearish score is 1.5. The article indicates that on March 23rd, the spot closing price of styrene in Asia increased by USD 120 per ton, with FOB Korea quoted at USD 420–1,440 per ton and CFR China at USD 1,410–1,430 per ton, suggesting strong demand or tightening supply, which significantly benefits spot prices. Combined with futures data, the main styrene contract, such as 2605, closed at CNY 11,070 per ton (up by CNY 595), with open interest increasing by 54,633 lots, indicating strong bullish sentiment in the market. It is expected that futures prices will continue to rise in the short term. The score is 1.5 (between generally positive and significantly positive), as the increase is notable but not an extreme event, and attention should be paid to subsequent changes in supply and demand.