Styrene

On May 9, Lihuayi Weiyuan's styrene price dropped 110 yuan/ton to 9470 yuan/ton. Futures main contract 2607 closed at 9059 yuan/ton, down 261 yuan/ton, with volume 183,256 lots and open interest up 17...

On May 8, Lihuayi Weiyuan cut styrene price to 9,580 yuan/ton, down 270 yuan. Futures main contract closed at 9,190 yuan/ton, down 374 yuan, with strong bearish pressure.

On May 6, Asian styrene spot prices fell: FOB Korea down $25 to $1330-1340/mt, CFR China down $20 to $1300-1310/mt. Dalian futures also dropped 107 yuan to 9873 yuan/mt, with lower imports pressuring ...

On May 7, Lihuayi Weiyuan Chemical raised styrene offer to 9,850 yuan/ton, up 100 yuan. Spot market boosted, futures (main contract 2606) closed at 9,873 yuan/ton—slightly down but supported by spot ...

Wanhua Chemical resumed its 750kt/yr PDH unit, boosting LPG demand, while its 900kt/yr PDH and 600kt/yr POCHP units shut for 30 days, reducing supply. LPG scores -0.5 (bearish), propylene 0.5, PO 1, s...

Summary: On May 6, Lihuayi Weiyuan raised styrene spot price to 9,750 CNY/ton, up 50. DCE futures main contract closed at 10,018 CNY/ton on Apr 30, up 36. Bullish sentiment expected.

On April 27, Lihuayi Weiye Chemical Co. raised benzene ethylene spot price by 50 yuan to 9,800 yuan/ton, with futures markets showing positive trends. Score: +1 (general positive).

On April 24, Lihuayi Weiyuan Chemical raised benzene styrene spot price by 50 yuan/ton to 9800 yuan/ton, indicating tight supply or increased demand. Futures like 2606 contract closed at 9867 yuan/ton...

On April 23, Asian styrene spot prices rose $20/ton, with FOB Korea at $1,345-1,355/ton and CFR China at $1,300-1,310/ton, reflecting tight supply and bullish futures. Score: +1.5.

Asian styrene spot prices rose by $10/ton on April 22, with FOB Korea at $1,325-1,335/ton and CFR China at $1,280-1,290/ton, indicating tight supply or rising demand, supporting futures.