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Chempricehub Key Alert: Analysis of the Impact of Rising Spot Prices for PX in Asia
Published on 2026-02-10
February 10th News — On February 9th, the closing price of para-xylene (PX) in the Asian market rose by $2 per ton, settling at $875–877 per ton FOB South Korea and $900–902 per ton CFR China. Chempricehub's analysis of PX gave a long-short score of 1.5. The article indicates that on February 9th, the spot price of PX in Asia increased by $2 per ton, with FOB South Korea quoted at $875–877 per ton and CFR China at $900–902 per ton. This reflects tight market supply and demand or improved demand, directly benefiting spot prices. Combined with the PX futures market, the main contract, such as 2605 (closing at 7,290 yuan per ton, up 16 yuan per ton), also saw a simultaneous increase in price. Changes in open interest indicate stronger bullish sentiment, which is favorable for the futures price trend.