Welcome to Chempricehub

 
Home > Category > News > 
Chempricehub Important Reminder: Asian 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 Asian market rose by $68 per ton, reaching $974–976 per ton FOB Korea and $999–1,001 per ton CFR China. Chempricehub's analysis of PX, with a bullish-bearish score of +2, reported that spot prices for para-xylene (PX) in Asia surged significantly by $68 per ton on March 2nd. The closing prices reached $974–976 per ton FOB Korea and $999–1,001 per ton CFR China, indicating a notable increase. This suggests tight market supply or strong demand, which constitutes a significant positive factor for spot prices. Combined with futures market data, PX futures contracts generally rose, such as the 2605 contract closing at 7,836 yuan per ton, up by 276 yuan. Changes in open interest and trading volume reflect strong bullish sentiment in the market, with futures prices also driven higher by the spot market. The overall rating is a significant positive +2, as both spot and futures prices show a strong upward trend, and prices are expected to remain high in the short term.