March 3rd News — On March 2nd, the European para-xylene (PX) market closed with a price increase of $61 per ton, settling at $950–952 per ton FOB Rotterdam. Chempricehub’s analysis of PX gave a long-short score of +1.5. The report noted that on March 2, 2026, the spot price of para-xylene (PX) in Europe rose by $61 per ton to $950–952 per ton FOB Rotterdam, an increase of approximately 6.4%, reflecting strong demand or tight supply, which directly supported the spot price. Combined with the PX futures performance on China’s Zhengzhou Commodity Exchange, the main contracts such as 2605 closed at 7,836 yuan per ton (up 276 yuan) and 2604 closed at 7,780 yuan per ton (up 256 yuan), indicating a synchronized upward trend in the futures market. The rise in European spot prices may boost the Asian market through global trade channels, strengthening bullish sentiment and providing support for futures prices. The overall score is +1.5 (moderately bullish), as the increase is significant but not an extreme event, with clear expectations of improvement in supply and demand fundamentals.