On January 30, the closing price of para-xylene (PX) in the Asian market fell by USD 7/ton, settling at USD 889–891/ton FOB Korea and USD 914–916/ton CFR China. According to PriceSeek's analysis of PX, the long-short score is -1. The article indicates that the spot price of PX dropped by USD 7/ton, with closing prices at USD 889–891/ton FOB Korea and USD 914–916/ton CFR China, suggesting oversupply or weak demand in the Asian market, exerting downward pressure on spot prices. Combined with PX futures data from the Zhengzhou Commodity Exchange, such as the decline in the settlement price of the 2603 contract and negative price changes, changes in open interest reflect cautious market sentiment and a downward price trend, reinforcing expectations of a decline in the futures market. Therefore, a score of -1 is assigned, indicating a generally bearish impact.
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