March 4th News — On March 3rd, the closing price of the para-xylene (PX) market in Asia rose by USD 20 per ton, settling at USD 994–996 per ton FOB South Korea and USD 1019–1021 per ton CFR China. Chempricehub's analysis of PX, with a long-short score of 1.5, reported that the spot price of PX increased by USD 20 per ton, closing at USD 994–996 per ton FOB South Korea and USD 1019–1021 per ton CFR China. This rise reflects increased demand or tightening supply in the Asian region, directly benefiting the spot price of PX. Combined with the PX futures market, the settlement price of the 2605 contract was CNY 7,922 per ton, up by CNY 306, with a trading volume of 587,943 lots and an open interest of 265,403 lots, indicating strong bullish sentiment in the market. This spot price increase may reinforce expectations in the futures market, driving the main contract further upward. It is recommended to monitor short-term long opportunities.