January 29th News: On January 28th, the closing price of para-xylene (PX) in the Asian market rose by USD 22 per ton, reaching USD 898–900 per ton FOB Korea and USD 923–925 per ton CFR China. According to Chempricehub's analysis of PX, the long-short score stands at 1.5. The article indicates that the spot market price of para-xylene (PX) in Asia increased by USD 22 per ton, with closing prices reaching USD 898–900 per ton FOB Korea and USD 923–925 per ton CFR China. This rise suggests tightening market supply or strengthening demand, signaling a strong bullish factor for PX spot prices. Combined with futures market data, PX futures contracts on the Zhengzhou Commodity Exchange, such as 2603 (closing price CNY 7,392 per ton, up CNY 12) and 2605 (closing price CNY 7,516 per ton, up CNY 24), both showed upward trends. Changes in open interest indicate high market participation, further reinforcing expectations of rising spot prices and driving futures prices upward. Overall, this news has a positive impact on market sentiment in the PX sector, with a strong bullish atmosphere prevailing.