March 10th News — On March 9th, the closing price of para-xylene (PX) in the Asian market rose by USD 266/ton, settling at USD 1320–1322/ton FOB Korea and USD 1345–1347/ton CFR China. Chempricehub’s analysis of PX, with a long-short score of +2: PX spot prices surged significantly in the Asian market by USD 266/ton, closing at USD 1320–1322/ton FOB Korea and USD 1345–1347/ton CFR China. This reflects tight supply-demand conditions or strong demand, forming a major positive factor for spot prices. The futures market responded in tandem, with PX futures contracts such as 2604 settling at RMB 8976/ton (up RMB 544) and 2605 at RMB 8998/ton (up RMB 562). Trading volume was active (e.g., 268,600 lots for the 2605 contract), and open interest remained stable, indicating strong bullish sentiment in the market and supporting expectations for further price increases in futures. The score is +2 (significant positive), as the substantial price increase and the linkage between spot and futures markets reinforce the upward trend.