January 12th News — On January 9th, the closing price of para-xylene (PX) in the Asian market rose by USD 6 per ton, settling at USD 867–869 per ton FOB Korea and USD 892–894 per ton CFR China. Chempricehub's analysis of PX, with a long-short score of +1, reports that spot prices for para-xylene (PX) in Asia increased by USD 6 per ton on January 9th, closing 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.

Combined with PX futures performance, 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 futures markets typically follow spot trends. Overall, spot prices show significant positive momentum, while futures, though under short-term pressure, exhibit a bullish trend. Therefore, a general positive score of +1 is assigned.