On May 12, Lihuayi Weiyuan Chemical Co., Ltd. reported its latest styrene price at 9,500 CNY/ton, up by 200 CNY/ton compared to last Saturday. Chempricehub's assessment of styrene indicates a bullish-bearish score of 1. In terms of spot market, Lihuayi Weiyuan, a major domestic styrene producer, raised its ex-factory styrene price by 200 CNY/ton to 9,500 CNY/ton, boosting spot market confidence and providing strong support for styrene spot prices. On the futures side, the main styrene contract 2606 on the Dalian Commodity Exchange (DCE) closed at 9,544 CNY/ton on May 11, up 174 CNY/ton from the previous trading day, with a trading volume of 280,019 lots, indicating active trading and an overall strong market trend, suggesting short-term upward momentum for futures prices.