January 12th News: On the 12th, Wanhua Chemical Group Co., Ltd. raised the spot price of styrene in East China by 300 yuan/ton, with the latest quotation at 7,300 yuan/ton. In North China, the spot price of styrene was also increased by 300 yuan/ton, with the latest quotation at 7,150 yuan/ton. Sales remained stable. Chempricehub analyzed styrene with a long-short score of 2. The article reported that Wanhua Chemical raised the spot price of styrene in East China and North China by 300 yuan/ton, with the latest quotations at 7,300 yuan/ton and 7,150 yuan/ton, respectively, and sales remained stable. This indicates tight supply or robust demand in the spot market, with a significant price increase, which constitutes a major positive for styrene spot prices. Combined with the recent styrene futures market performance (e.g., the Dalian Commodity Exchange 2601 contract closed at 6,778 yuan/ton, up 55 points; the 2602 contract closed at 6,895 yuan/ton, up 19 points), the rise in spot prices may strengthen bullish expectations in the futures market, driving further upward movement in major contracts such as 2603 and 2604, as cost support and signals of improved supply and demand enhance bullish sentiment.