April 14th — On April 14th, Lihuayi Weiyuan Chemical Co., Ltd. quoted the latest styrene price at 9,850 yuan per ton, an increase of 50 yuan per ton compared to the previous trading day. Chempricehub analyzed styrene, with a bullish-bearish score: +1. The article reported that on April 14th, Lihuayi Weiyuan Chemical Co., Ltd. quoted the spot price of styrene at 9,850 yuan per ton, an increase of 50 yuan per ton compared to the previous trading day, indicating tightening spot market supply or strengthening demand, which directly benefits the spot price of styrene. Combined with futures data, the closing price of the main styrene contract 2605 on the previous day (April 13th) was 9,971 yuan per ton, down 52 yuan, with a decrease in open interest. However, the rise in spot prices may improve market expectations and support a rebound in futures prices. Overall assessment: the increase is significant but not a major event, giving a general positive score of +1.
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