March 4 News — On March 4, Sinopec Sales Company raised the price of para-xylene (PX) by 600 yuan/ton, with the current execution price set at 8,200 yuan/ton. This price applies to East China, North China, Central China, and South China. Facilities such as Yangzi Petrochemical and Zhenhai Petrochemical are operating stably, with normal sales. Chempricehub Analysis on PX, Bull-Bear Score: 2 PX spot prices surged significantly by 600 yuan/ton to 8,200 yuan/ton, covering major regions including East China, North China, Central China, and South China. The stable operation and normal sales of facilities such as Yangzi Petrochemical and Zhenhai Petrochemical indicate strong market demand and no pressure on the supply side, constituting a significant positive factor for spot prices. Combined with recent PX futures contract data (e.g., the 2605 contract settlement price at 7,922 yuan/ton, up 306 yuan/ton; the 2702 contract settlement price at 7,766 yuan/ton, up 332 yuan/ton), the futures market has already shown an upward trend. The sharp rise in spot prices is expected to further boost bullish sentiment in the futures market, with futures prices anticipated to continue their upward trajectory.