March 12th — On March 11th, the European para-xylene (PX) market closed with an increase of USD 34/ton, settling at USD 1094–1096/ton FOB Rotterdam. Chempricehub’s analysis of PX gave a long-short score of 1.5. The report noted that on March 11th, the spot price of para-xylene (PX) in Europe rose by USD 34/ton to USD 1094–1096/ton FOB Rotterdam, representing an increase of approximately 3.2%. This indicates tightening supply-demand dynamics in the spot market, driven by strong demand or limited supply, which has significantly supported PX spot prices. Combined with PX futures data, most contracts on March 11th, 2026, showed an upward trend. For instance, the 2604 contract closed at CNY 9478/ton (up by CNY 104), while the 2605 contract experienced a slight decline of CNY 16. However, overall market sentiment remained positive, and it is expected that futures prices will be further supported by the upward momentum in the spot market.