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Chempricehub Important Alert: U.S. PX Price Surges by $68
Published on 2026-03-03
March 3rd News: On March 2nd, the closing price of para-xylene (PX) in the U.S. market rose by $68 per ton, reaching $1,051–$1,061 per ton FOB U.S. Gulf. Chempricehub's analysis of PX indicates a bullish-bearish score of 1.5. The spot price of para-xylene in the U.S. increased by $68 per ton, with the closing price reaching $1,051–$1,061 per ton FOB U.S. Gulf, reflecting a significant rise. This suggests tightening supply or strengthening demand in the international market, which is favorable for PX spot prices. Combined with the PX futures market on the Zhengzhou Commodity Exchange, the main contract 2701 closed at 7,750 yuan per ton, up by 262 yuan, with open interest increasing by 26 lots and active trading volume. This indicates synchronized bullish sentiment in the futures market, providing overall support for the upward trend in PX prices.