January 16 News: On January 15, the closing price of para-xylene (PX) in the European market fell by $5 per ton, settling at $845–847 per ton FOB Rotterdam. Chempricehub's analysis of PX, with a long-short rating of -1, reports that the spot closing price of para-xylene (PX) in Europe on January 15 dropped by $5 per ton to $845–847 per ton FOB Rotterdam. This indicates oversupply or weak demand, exerting direct downward pressure on spot prices. Combined with futures data, the main PX contract 2603 (Zhengzhou Commodity Exchange) closed at 7,130 yuan per ton, down 68 points, with open interest decreasing by 1,494 lots. This reflects a strengthening bearish sentiment in the market, which may further drag down futures prices. The rating of -1 reflects a generally bearish outlook, as the decline is relatively small (approximately 0.6%) and does not reach a significant impact level.