On April 24th, Lihuayi Weiyuan Chemical Co., Ltd. reported its latest styrene price at 9,800 yuan per ton, an increase of 50 yuan per ton from the previous trading day. According to Chempricehub's assessment, the styrene bull-bear score stands at 1.5. The spot price of styrene was raised by 50 yuan per ton to 9,800 yuan per ton, indicating a tightening supply or strengthening demand, which constitutes a significant positive impact on spot prices. Combined with futures data, the main styrene contract, such as the 2606 contract, closed at 9,867 yuan per ton on April 23rd, up by 137 yuan, with open interest increasing by 42,402 lots, reflecting strong bullish sentiment. It is expected that futures prices will continue to rise with support from the spot market. Overall, bullish factors dominate, but the magnitude of the increase is moderate and does not reach the level of a major positive development.