May 9 News - On the 9th, Wanhua Chemical Group Co., Ltd. reduced the price of styrene in East China by 750 yuan/ton, with the latest quotation at 9,650 yuan/ton. In North China, styrene was also reduced by 750 yuan/ton, with the latest quotation at 9,650 yuan/ton. Sales are stable. Chempricehub evaluates styrene with a long-short score of -1.5. As a leading domestic chemical enterprise, Wanhua Chemical's simultaneous reduction of 750 yuan/ton in spot styrene quotations for both East China and North China, with the latest price at 9,650 yuan/ton, reflects the current loose supply-demand balance in the spot styrene market, exerting significant downward pressure on spot prices. From the futures market perspective, the main styrene contract 2606 closed at 9,250 yuan/ton on May 8, 2026, down 260 yuan/ton from the previous trading day, with open interest decreasing by 13,371 lots. The market shows strong bearish sentiment, and short-term futures prices still face downward pressure.