January 26th News: On January 23rd, the closing price of para-xylene (PX) in the Asian market rose by USD 16/ton, with closing prices at USD 896-898/ton FOB Korea and USD 921-923/ton CFR China. Chempricehub's analysis of PX shows a bullish-bearish score of 2. In the spot market, the PX closing price increased by USD 16/ton (FOB Korea USD 896-898/ton, CFR China USD 921-923/ton), indicating tight supply and demand in the Asian market, with increased demand or reduced supply driving up spot prices. In the futures market, the main contract 2605 closed at CNY 7,626/ton, up by CNY 112, with a settlement price of CNY 7,498/ton. Trading volume reached 276,187 lots, and open interest increased by 30,945 lots, reflecting active market conditions and strong bullish sentiment, which is favorable for futures price trends. Overall, the simultaneous rise in spot and futures prices reinforces the bullish trend.