April 22 News — On April 21, the closing price of para-xylene (PX) in the U.S. market fell by $15 per ton, settling at $1,355–$1,365 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 $15 per ton to $1,355–$1,365 per ton FOB, indicating oversupply or weak demand in the international market, which directly exerted downward pressure on spot prices. Combined with PX futures data from the Zhengzhou Commodity Exchange, the main contract 2605 closed at 9,362 yuan per ton, down 88 yuan, with open interest decreasing by 16,355 lots, reflecting capital outflow and increased bearish sentiment in the market. This news may reinforce the downward trend in futures, and prices are expected to remain under pressure in the short term. The score of -1.5 is due to the significant decline and supporting bearish signals from futures data, though it has not yet reached a major bearish level.