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Chempricehub Important Reminder: U.S. PX Price Soars by USD 267
Published on 2026-03-10
March 10th News — On March 9th, the closing price of para-xylene (PX) in the U.S. market rose by USD 267 per ton, reaching USD 1415–1425 per ton FOB U.S. Gulf. Chempricehub's analysis of PX, with a bullish-bearish score of +2: The spot price of PX in the U.S. surged by USD 267 per ton, closing at USD 1415–1425 per ton FOB U.S. Gulf, indicating tightening market supply or strong demand, which directly benefits spot prices. Combined with the latest PX futures data (as of March 9, 2026), major contracts such as 2611 (closing price CNY 8496 per ton, up CNY 384) and 2701 (closing price CNY 8420 per ton, up CNY 358) showed significant gains, with increased trading volume and open interest (e.g., contract 2701 recorded a trading volume of 65 lots and an open interest change of +17), reflecting strong bullish sentiment in the market. It is expected that futures prices will continue their upward trend. This rally is driven by fundamental factors, warranting a highly bullish score of +2.