January 27th News: On January 26th, the closing price of para-xylene (PX) in the Asian market rose by USD 7 per ton, settling at USD 903–905 per ton FOB Korea and USD 928–930 per ton CFR China. Chempricehub's analysis of PX, with a long-short score of 1, indicates that the spot price of PX in Asia increased by USD 7 per ton (FOB Korea USD 903–905 per ton, CFR China USD 928–930 per ton), reflecting tight market supply and demand, likely driven by improved demand or reduced supply. Combined with futures market trends, the closing price of the main PX futures contract (e.g., 2605) rose by CNY 106 per ton to CNY 7,630 per ton, with active trading volume (236,725 lots) and an increase in open interest, indicating strengthened market bullish expectations. The rise in spot prices provides support for futures, and it is expected that prices will fluctuate upward in the short term.