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Chempricehub Important Reminder: European PX spot prices have increased by $4.
Published on 2026-01-03
December 25th News: On December 24th, the European para-xylene (PX) market closed with an increase of $4 per ton, settling at $854-856 per ton FOB Rotterdam. Chempricehub's analysis of PX indicates a long-short score of 1.5. The spot price of European PX rose by $4 per ton to $854-856 per ton FOB Rotterdam, reflecting tightening market supply and demand, driven by strong demand or reduced supply, which is favorable for spot prices. Combined with PX futures performance, such as the closing price of the 2603 contract at 7,294 yuan per ton, up by 78 yuan, with a trading volume of 467,791 lots and open interest of 276,920 lots, the futures market shows active trading and increased bullish sentiment, jointly supporting the upward price trend. Overall, positive factors are significant, but the increase is moderate and not yet at a major level.