January 28th News: On January 27th, the closing price of para-xylene (PX) in the U.S. market fell by $27 per ton, settling at $953–963 per ton FOB U.S. Gulf. Chempricehub's analysis of PX, with a long-short rating of -1.5, reported that the spot price of PX in the U.S. on January 27th declined by $27 per ton, closing at $953–963 per ton FOB U.S. Gulf, indicating oversupply or weak demand, which is bearish for the spot market. Combined with futures data, the main PX contract 2603 closed at 7,286 yuan per ton, down 146 yuan, reflecting a significant decline and reinforcing market pessimism. It is expected that both spot and futures prices will face downward pressure. Considering the overall trend of loose supply and demand, a rating of -1.5 is assigned, indicating a strong bearish impact.