May 7 - On May 6, the Asian styrene dollar market traded lower with volatility. FOB Korea closed at $1,330-$1,340/mt, down $25/mt; CFR China closed at $1,300-$1,310/mt, down $20/mt. Chempricehub rated styrene with a bearish score of -1. The decline in the Asian styrene dollar market on May 6, with FOB Korea down $25/mt and CFR China down $20/mt, will lower import costs and weigh on domestic styrene spot prices. In the futures market, the main contract for styrene on the Dalian Commodity Exchange (contract 2606) closed at 9,873 yuan/mt on the same day, down 107 yuan/mt, with open interest decreasing by 6,759 lots. Weakness in overseas markets dragged domestic futures prices lower.
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