January 04 News On January 2, the closing price of para-xylene (PX) in the Asian market rose by USD 1/ton, with FOB Korea at USD 869–871/ton and CFR China at USD 894–896/ton. Chempricehub's analysis of PX, with a bullish-bearish score of +1: The article indicates that on January 2, the spot market closing price of para-xylene (PX) in Asia increased by USD 1/ton, with FOB Korea at USD 869–871/ton and CFR China at USD 894–896/ton. This rise suggests stronger spot demand, likely driven by tight supply-demand conditions in Asia or increased downstream procurement, which is favorable for spot prices. Combined with futures data, although near-term PX contracts such as 2603 (closing price on December 31: CNY 7,260/ton, change: -14.00) and 2605 (closing price: CNY 7,266/ton, change: -26.00) show a short-term downward trend, the increase in spot prices may boost market sentiment. In particular, the higher CFR China price reflects robust demand in China, which is expected to drive a rebound in near-month futures contracts. Score: +1 (moderately bullish), as the small increase sends a positive signal and provides support for futures prices.