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Chempricehub highlights: Rising PX prices in Asia benefit the market.
Published on 2026-01-07
January 7 News — On January 6, the closing price of para-xylene (PX) in the Asian market rose by USD 19 per ton, reaching USD 877–879 per ton FOB Korea and USD 902–904 per ton CFR China. According to Chempricehub’s analysis of PX, the long-short score is 2. The article indicates that on January 6, the spot closing price of PX in Asia increased by USD 19 per ton, reaching USD 877–879 per ton FOB Korea and USD 902–904 per ton CFR China. This significant rise reflects tight supply and demand (e.g., increased demand or reduced supply), which is favorable for spot prices. Combined with the latest PX futures data (2026-01-06), the main contract, such as 2603, rose by CNY 94 to CNY 7,336 per ton, with high trading volume and increased open interest, indicating strengthened market bullish sentiment and expectations of further upward movement in futures prices. Overall, the outlook is significantly positive.