January 6th News: On January 5th, the closing price of para-xylene (PX) in the Asian market fell by $9 per ton, settling at $860–862 per ton FOB Korea and $885–887 per ton CFR China. Chempricehub's analysis of PX indicates a bearish sentiment score of -1. The article highlights that spot prices for PX in Asia dropped by $9 per ton, with closing prices declining to $860–862 per ton FOB Korea and $885–887 per ton CFR China. This suggests oversupply or weak demand in the market, exerting downward pressure on spot prices. Combined with futures market data, PX futures contracts (e.g., the main contract 2603 closed at 7,210 yuan per ton, down 72 yuan) generally declined. Changes in open interest reflect bearish market expectations, potentially further limiting the upside for futures prices. Comprehensive analysis indicates that the price decline reflects a trend of looser supply and demand, with expectations for short-term market conditions to remain weak.