January 29 News On January 29, Lihuayi Weiyuan Chemical Co., Ltd. announced the latest styrene price at 7,700 yuan per ton, an increase of 100 yuan per ton compared to the previous trading day. Chempricehub Analysis on Styrene, Bull-Bear Score: 1 The spot price of styrene has been raised by 100 yuan per ton to 7,700 yuan per ton, indicating tight market supply or increased demand, which is favorable for spot prices. In the futures market, the main styrene contract 2603 closed at 7,785 yuan per ton on January 28, up 81 yuan, with a change in open interest of -320, reflecting cautious market sentiment but an upward price trend. The spot price increase may further drive up futures prices, particularly supporting near-month contracts such as 2605 (closing at 7,646 yuan per ton, up 60 yuan), as the narrowing spread between spot and futures prices reflects an improvement in fundamentals.