February 25th News — On February 24th, the closing price of the styrene market in Asia rose by $42.5 per ton, reaching $985–995 per ton FOB Korea and $985–995 per ton CFR China. Chempricehub’s analysis of styrene indicates a long-short score of 1.5. The article highlights a significant increase of $42.5 per ton in the spot price of styrene in Asia, with closing prices at $985–995 per ton FOB Korea and CFR China, reflecting tight market supply and demand, strong demand, and a notable positive impact on spot prices. Combined with futures data, the main styrene contracts, such as 2604 closing at 7,651 yuan per ton (up 229 yuan) and 2605 closing at 7,618 yuan per ton (up 221 yuan), along with an increase in open interest, indicate that the futures market is actively responding to the upward trend, with expectations of further price increases in the future. The rating is +1.5 points (moderately bullish), as the increase is substantial but not extreme. Investors may consider long opportunities.