January 09 News: On January 8, the closing price of para-xylene (PX) in the Asian market fell by USD 13/ton, settling at USD 861–863/ton FOB Korea and USD 886–888/ton CFR China. Chempricehub's analysis of PX indicates a bearish sentiment with a score of -1. In the spot market, the closing price of Asian PX dropped by USD 13/ton to USD 861–863/ton FOB Korea and USD 886–888/ton CFR China, reflecting ample supply or weak demand, which exerted downward pressure on spot prices. In the futures market, based on data from the Zhengzhou Commodity Exchange's PX main contract 2603 (closing price: CNY 7,168/ton, down 68 points; settlement price: CNY 7,242/ton; open interest decreased by 2,108 lots), the price decline aligned with the spot market trend. The reduction in open interest indicates a strengthening bearish sentiment, suggesting short-term pressure on futures prices. The score is -1.0 (moderately bearish), as the decline is moderate and not at an extreme level.