News on January 9th: On Thursday (January 8th), the Asian xylene market closed down by $9/ton: the closing price for late January FOB Korea was $713-715/ton; the closing price for late January CFR China was $719/ton. Chempricehub's analysis of mixed xylene, with a long-short score of -1, reasons: The closing price in the Asian spot market fell by $9/ton, with FOB Korea at $713-715/ton and CFR China at $719/ton, indicating weak spot demand or oversupply, which exerts downward pressure on spot prices. Combined with the futures market, the main PX (para-xylene) contract 2603 closed at 7,168 yuan/ton, down 68 yuan, a decline of approximately 0.94%, with trading volume reaching 361,354 lots and open interest decreasing by 2,108 lots, reflecting increased bearish sentiment and short-term downward pressure on futures prices. Overall, this constitutes a generally bearish impact on mixed xylene prices.
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