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Chempricehub Key Alert: U.S. PX spot price rises by $16, benefiting the market.
Published on 2026-01-29
January 26th News On January 23rd, the closing price of the para-xylene (PX) market in the United States rose by $16 per ton, settling at $973–$983 per ton FOB U.S. Gulf. Chempricehub's analysis of PX, with a long-short score of 1.5, indicates that the spot price increased by $16 per ton, closing at $973–$983 per ton FOB U.S. Gulf, reflecting tightening supply and demand in the U.S. market, which is favorable for PX spot prices. In the futures market, the main PX contract (e.g., 2603) closed at 7,508 yuan per ton, up by 106 yuan per ton compared to the previous settlement price, an increase of approximately 1.4%, indicating synchronized positive expectations in the futures market and supporting bullish sentiment. Overall assessment: The rise in spot prices reinforces bullish signals in the futures market, with a high degree of positive impact.