Group 1 - The main contract for paraxylene (PX) futures experienced a sharp decline, reaching a low of 6710.0 yuan, with a current price of 6714.0 yuan, reflecting a drop of 0.74% [1] - Institutions have differing views on the future of PX prices, with East China Futures predicting a volatile market, while WISCO Futures suggests opportunities for buying on dips following crude oil trends [2][3] - New Century Futures notes that PX prices are influenced by oil price fluctuations, with current supply and demand dynamics showing weakness but still maintaining a tight market in the short term [4] Group 2 - East China Futures indicates that PX prices will remain in a narrow range due to limited production capacity and low PTA processing fees, with a current PX-Naphtha spread of 267 USD [2] - WISCO Futures highlights that while PX production remains high, the overall load is decreasing due to increased PTA maintenance, suggesting a neutral valuation with potential for buying opportunities as the peak season approaches [3] - New Century Futures emphasizes the impact of geopolitical uncertainties on oil prices, which in turn affect PX pricing, with a current tight supply situation despite a weakening demand [4]