January 16th News: On January 15th, the closing price of para-xylene (PX) in the U.S. market fell by $16 per ton, settling at $933–$943 per ton FOB U.S. Gulf. Chempricehub's analysis of PX gave a bearish score of -1.5. The article indicates that the spot price of PX in the U.S. dropped by $16 per ton to $933–$943 per ton FOB, suggesting oversupply or weak demand, which is putting pressure on spot prices. Combined with PX futures data, the main contracts, such as 2603 closing at 7,130 yuan per ton (down 68 yuan per ton) and 2605 closing at 7,188 yuan per ton (down 64 yuan per ton), show significant declines, indicating increased bearish sentiment in the market. Futures prices may face further downward pressure. The score of -1.5 is due to the substantial price drop and the simultaneous decline in both spot and futures prices, reinforcing bearish expectations.