April 21st News — On April 20th, the closing price of para-xylene (PX) in the European market decreased by USD 15 per ton, settling at USD 1285–1287 per ton FOB Rotterdam. According to Chempricehub's analysis of PX, the long-short rating stands at -1.5. The spot price of para-xylene (PX) in Europe dropped by USD 15 per ton, closing at USD 1285–1287 per ton FOB Rotterdam, indicating weak market demand or oversupply, which has put pressure on spot prices. Combined with data from China's PX futures market (such as the settlement price of the main contract 2605 on the Zhengzhou Commodity Exchange at CNY 9398 per ton, down by CNY 236), the downward price trend has intensified, potentially further dampening sentiment in the futures market and negatively impacting short-term market conditions. A rating of -1.5 reflects significant bearish sentiment without indicating an extreme event, highlighting the need to monitor subsequent changes in supply and demand.