January 28th News: On January 27th, the closing price of para-xylene (PX) in the Asian market fell by USD 27/ton, settling at USD 876–878/ton FOB Korea and USD 901–903/ton CFR China. Chempricehub's analysis of PX gave a long-short score of -1.5. The spot price of PX dropped by USD 27/ton, with closing prices at USD 876–878/ton FOB Korea and USD 901–903/ton CFR China, indicating an imbalance between supply and demand in the Asian market, such as weak demand or increased supply. Combined with futures market data, the main PX contract 2603 closed at CNY 7,286/ton, down 146 points, with open interest decreasing by 18,377 lots and trading volume reaching as high as 328,321 lots, reflecting strong bearish sentiment that may further drag down both futures and spot prices.