February 2nd News — On January 30th, the closing price of para-xylene (PX) in the Asian market fell by $7 per ton, settling at $889–891 per ton FOB South Korea and $914–916 per ton CFR China. Chempricehub's analysis of PX gave a bearish score of -1. The article indicates that the spot price of PX dropped by $7 per ton, with closing prices at $889–891 per ton FOB South Korea and $914–916 per ton CFR China, suggesting oversupply or weak demand in the Asian market, which exerted 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 movements, 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.