May 8 – On May 8, Lihuayi Weiyuan Chemical Co., Ltd. reported the latest styrene price at 9,580 CNY/ton, down 270 CNY/ton from the previous trading day. Chempricehub evaluates styrene with a bullish/bearish score of -1. On the spot market side, Lihuayi Weiyuan, as a core domestic producer of styrene, has lowered its offer by 270 CNY/ton to 9,580 CNY/ton compared to the previous trading day, which is expected to drag down spot market prices and intensify bearish sentiment. On the futures market side, the main contract for styrene (July 2026) on the Dalian Commodity Exchange closed at 9,190 CNY/ton on May 7, 2026, down 374 CNY/ton from the previous day, with a trading volume of 236,400 lots and open interest increasing by 9,888 lots, indicating strong bearish momentum. In the short term, both spot and futures prices of styrene face downward pressure.