February 24th — On February 23rd, the closing price of para-xylene (PX) in the U.S. market decreased by $1 per ton, settling at $976–986 per ton FOB U.S. Gulf. According to Chempricehub's analysis of PX, the market sentiment score is -1. The spot price of PX in the U.S. dropped by $1 per ton, closing at $976–986 per ton FOB U.S. Gulf, indicating potential supply pressure or weak demand, which exerted downward pressure on spot prices. Combined with futures data, the main PX contract 2605 closed at 7,236 yuan per ton, down by 142 yuan, with open interest decreasing by 6,256 lots. This suggests a strengthening bearish sentiment in the futures market. Both spot and futures prices are expected to face downward pressure, though the decline is relatively minor, reflecting a general bearish outlook.