February 4th News — On February 3rd, the closing price of para-xylene (PX) in the Asian market rose by USD 6 per ton, settling at USD 872–874 per ton FOB Korea and USD 897–899 per ton CFR China. Chempricehub’s analysis of PX, with a long-short score of +1.5, reported that spot PX prices in Asia closed up by USD 6 per ton on February 3rd, with FOB Korea at USD 872–874 per ton and CFR China at USD 897–899 per ton. This indicates a tight market supply-demand balance, driven by strong demand or reduced supply, which directly supports spot prices. Combined with PX futures data (for example, the Zhengzhou Commodity Exchange contract 2605 closed at CNY 7,206 per ton, down CNY 94), the rise in spot prices may trigger a rebound in futures prices, attracting long positions and pushing up future contract prices. Therefore, a moderately positive score of +1.5 is assigned, as the increase is moderate but the signal is clear.