On January 9, the closing price of the para-xylene (PX) market in Asia rose by USD 6 per ton, with closing prices at USD 867–869 per ton FOB Korea and USD 892–894 per ton CFR China. PriceSeek's analysis of PX, with a long-short rating: 1, reports that the spot price of para-xylene (PX) in Asia increased by USD 6 per ton on January 9, with closing prices at USD 867–869 per ton FOB Korea and USD 892–894 per ton CFR China. This indicates tightening market supply and demand, driven by strong demand or limited supply, which directly benefits spot prices. In terms of PX futures, the main contract 2603 on the Zhengzhou Commodity Exchange closed at CNY 7,238 per ton on January 9, 2026, with a settlement price of CNY 7,198 per ton, a change of -44.00, a trading volume of 314,063 lots, and an open interest of 223,694 lots, reflecting a short-term decline in futures prices. However, the rise in spot prices may drive a future rebound in futures prices, as the futures market typically follows spot trends. Overall, the spot market shows significant positive momentum, while futures, despite short-term pressure, exhibit a bullish trend, warranting a moderately positive rating of +1.