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Chempricehub Alert: Asian PX closing price drops by $2.
Published on 2026-04-10

April 10th News: On April 9th, the closing price of para-xylene (PX) in the Asian market fell by $2 per ton, settling at $1,138–1,140 per ton FOB Korea and $1,163–1,165 per ton CFR China. Chempricehub's analysis of PX, with a long-short score of -1: The spot price of PX declined by $2 per ton, closing at $1,138–1,140 per ton FOB Korea and $1,163–1,165 per ton CFR China, indicating ample market supply or weakening demand, which exerts downward pressure on spot prices. Combined with the PX futures market, such as the main contract 2605 on the Zhengzhou Commodity Exchange closing at 9,234 yuan per ton, down 216 yuan (a decrease of approximately 2.3%), and a reduction in open interest, it reflects a strengthening bearish sentiment in the market. This will weigh on futures prices, which are expected to face short-term pressure. The score is -1, indicating a generally bearish outlook, as the decline is modest but the trend is intensifying.

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