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Chempricehub Important Reminder: Styrene quotation has been reduced by 70 yuan.
Published on 2026-02-26
February 26th News: On February 26th, Lihuayi Weiyuan Chemical Co., Ltd. quoted the latest styrene price at 7,480 yuan per ton, a decrease of 70 yuan per ton compared to the previous trading day. Chempricehub's analysis of styrene indicates a bearish score of -1.5. Analysis: The report states that the spot price of styrene has dropped by 70 yuan per ton to 7,480 yuan per ton, suggesting ample supply or weak demand in the spot market, which directly exerts downward pressure on spot prices. Combined with futures market data, the closing price of the main styrene futures contract on the previous trading day (February 25, 2026) was approximately 7,558 yuan (e.g., contract 2605). The decline in spot prices may increase downward pressure on futures prices, as the narrowing gap between spot and futures prices indicates a weaker market outlook, contributing to a bearish impact on futures prices. The score of -1.5 reflects a moderately significant bearish sentiment, with a notable decline but not reaching extreme levels.