March 4th News — On March 3rd, the closing price of the U.S. para-xylene (PX) market rose by $19 per ton, settling at $1,070–$1,080 per ton FOB U.S. Gulf. According to Chempricehub's analysis of PX, the long-short rating is 1.5. The spot price of U.S. PX increased by $19 per ton, closing at $1,070–$1,080 per ton FOB U.S. Gulf, indicating tightening market supply or strengthening demand, which directly supports the spot price. Combined with PX futures data from the Zhengzhou Commodity Exchange (for example, the 2605 contract closed at 7,984 yuan per ton, up 306 yuan), the strengthening spot market may drive futures prices upward, as futures markets typically follow spot trends. Expectations for future contracts, such as 2605 and 2606, show increased speculative demand in open interest changes, presenting a generally significant positive outlook.