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Chempricehub Key Reminder: Asian PX Market Closing Price Rises
Published on 2026-02-05
February 5th News — On February 4th, the closing price of para-xylene (PX) in the Asian market rose by $5 per ton, settling at $877–879 per ton FOB Korea and $902–904 per ton CFR China. Chempricehub's analysis of PX assigns a bullish-bearish score of +2. The article indicates that on February 4th, the spot closing price of para-xylene (PX) in Asia increased by $5 per ton, with FOB Korea quoted at $877–879 per ton and CFR China at $902–904 per ton, reflecting tight market supply and demand, which is favorable for spot prices. Combined with PX futures data, such as the Zhengzhou Commodity Exchange PX2605 contract closing at 7,296 yuan per ton, up 62 yuan, and stable open interest, the market outlook appears positive, supporting further upward movement in futures prices. Therefore, a significant bullish score of +2 is assigned, and investors are advised to monitor long opportunities.