April 21st News: On April 20th, the closing price of para-xylene (PX) in the U.S. market fell by $17 per ton, settling at $1,370–$1,380 per ton FOB U.S. Gulf. Chempricehub's analysis of PX gave a bearish score of -1.5. The spot price of PX in the U.S. dropped by $17 per ton to $1,370–$1,380 per ton FOB, primarily due to oversupply or weak demand, which significantly weighed on the spot market. Combined with data from the Zhengzhou Commodity Exchange PX futures, the main contract 2605 closed at 9,418 yuan per ton, down 236 yuan for the day, with a trading volume of 198,724 lots and open interest decreasing by 17,841 lots. This indicates simultaneous pressure in the futures market, with bearish sentiment strengthening, and short-term prices are expected to remain under pressure.