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Chempricehub emphasizes: The decline in US PX prices negatively impacts the market.
Published on 2026-01-06
January 6th News: On January 5th, the closing price of para-xylene (PX) in the U.S. market fell by $9 per ton, settling at $936–946 per ton FOB U.S. Gulf. Chempricehub's analysis of PX indicates a bearish score of -1.5. The report shows that the closing price of para-xylene (PX) in the U.S. market declined by $9 per ton to $936–946 per ton FOB U.S. Gulf, suggesting oversupply in the spot market or weak demand, which is expected to suppress spot price trends and intensify bearish sentiment in the market. Combined with PX futures data from the Zhengzhou Commodity Exchange, the main contract 2603 closed at 7,210 yuan per ton, down 72 yuan, with a trading volume of 284,221 lots and open interest of 230,414 lots, indicating a clear downward trend in prices. This news may reinforce pessimistic expectations in the futures market, putting pressure on short-term contract prices. Investors are advised to monitor subsequent supply and demand changes to mitigate risks.