January 23rd News On January 22nd, the closing price of para-xylene (PX) in the Asian market rose by $18 per ton, reaching $880–882 per ton FOB Korea and $905–907 per ton CFR China. Chempricehub Analysis on PX, Bull-Bear Score: +2 The article reports that the spot price of PX increased by $18 per ton, with closing prices reaching $880–882 per ton FOB Korea and $905–907 per ton CFR China. This significant rise indicates tight market supply and demand or strong demand, directly benefiting spot prices. Combined with futures data, the main PX futures contracts (e.g., the 2605 contract settlement price at 7,386 yuan per ton, up 84 yuan) generally showed upward movement, with high trading volumes and open interest (e.g., the 2605 contract trading volume of 177,317 lots and open interest of 217,056 lots). This reflects strong bullish sentiment in the futures market and expectations of further price increases in the future. Therefore, a score of +2 is assigned, indicating a significant positive outlook.