February 6th News — On February 5th, the closing price of para-xylene (PX) in the Asian market fell by USD 10/ton, settling at USD 867–869/ton FOB Korea and USD 892–894/ton CFR China. Chempricehub's analysis of PX indicates a bearish score of -1.5. In the spot market, the closing price of PX in Asia declined by USD 10/ton to USD 867–869/ton FOB Korea and USD 892–894/ton CFR China, suggesting oversupply or weak demand, which poses significant downside pressure on spot prices. In the futures market, the main contract, such as 2605, settled at CNY 7,246/ton, down CNY 28, with trading volume reaching 219,125 lots and open interest decreasing by 11,874 lots, indicating intensified bearish sentiment and expectations of further downward pressure on futures prices. The overall score of -1.5 reflects a moderate to significant bearish impact, as the decline, though not extreme, combined with futures data, shows a clear trend of increasing selling pressure.