January 9th News — On January 8th, the closing price of para-xylene (PX) in the U.S. market fell by $13 per ton, settling at $938–948 per ton FOB U.S. Gulf. Chempricehub’s analysis of PX gave a long-short rating of -1.5. The article indicates that the spot price of PX in the U.S. dropped by $13 per ton, closing at $938–948 per ton FOB U.S. Gulf, a decline of approximately 1.4%. This reflects oversupply or weak demand in the international market, negatively impacting spot prices. Combined with PX futures data from the Zhengzhou Commodity Exchange (e.g., the settlement price of the main contract 2603 was 7,198 yuan per ton, down 44 yuan), this spot price decline may intensify bearish sentiment in futures, as PX prices are significantly influenced by global supply-demand dynamics. In the short term, futures prices are expected to face downward pressure, with downstream procurement remaining cautious. A rating of -1.5 indicates a level between moderate and significant bearishness, representing a noticeable impact but not reaching an extreme level.