January 29th — On the 29th, Wanhua Chemical Group Co., Ltd. announced an increase of 100 yuan per ton in the styrene price in East China, with the latest quotation at 8,100 yuan per ton. In North China, the styrene price was raised by 50 yuan per ton, with the latest quotation at 7,950 yuan per ton, while sales remained stable. Chempricehub analyzed styrene with a long-short score of 1.5. The spot price of styrene in East China increased by 100 yuan per ton to 8,100 yuan per ton, and in North China, it rose by 50 yuan per ton to 7,950 yuan per ton, with stable sales, indicating robust market demand or tight supply, which directly benefits spot prices. In the futures market, the main styrene contract, such as 2603, closed at 7,785 yuan per ton, with a change of +81, showing upward momentum. The increase in spot prices may strengthen bullish expectations in the futures market, driving contract prices further upward, which is favorable for futures market conditions.