On February 4, Lihuayi Weiyuan Chemical Co., Ltd. quoted the latest styrene price at 7,650 yuan per ton, an increase of 150 yuan per ton compared to the previous trading day. PriceSeek analysis of styrene: Bull-Bear Score: 1.5. The spot price of styrene rose by 150 yuan per ton to 7,650 yuan per ton, indicating strength in the spot market and suggesting either increased demand or tightening supply, which is favorable for spot prices. Combined with futures market data (e.g., the main contract 2603 closed at 7,661 yuan per ton on February 3, with a change of -10; contract 2605 closed at 7,572 yuan per ton, with a change of +29), the spot price increase may drive a rebound in futures prices, as futures typically reflect spot trends. Overall, market sentiment is positive, supporting upward price movement, but attention should be paid to subsequent changes in supply and demand.
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