Inflection point of phthalic anhydride market price in China

According to statistics, the price of phthalic anhydride in China rebounded and went up. As of November 21, the price of phthalic anhydride in o-phthalic acid process was 6287.5 yuan / ton. Since late September, the price of phthalic anhydride in China has been falling continuously, and the recent price rebound has increased. With the temperature falling, the plasticizer industry has gradually entered the peak season of the industry, and the market price of phthalic anhydride is higher.

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In recent years, the price of domestic phthalic anhydride market has rebounded, and the price of phthalic anhydride market in East China has increased slightly. The downstream factories maintain the rigid demand for purchasing, the factory inventory pressure is still there, and the high-end transaction is blocked. Recently, the factory inventory has increased, and the price trend of phthalic anhydride market has increased slightly. In East China, the main flow of negotiation for neighboring process and naphthalene process is 6000-6400 yuan / ton and 5700-5900 yuan / ton respectively; in North China, the main quotation for phthalic anhydride market is 6000-6200 yuan / ton, most of the manufacturers in the field are stable, the downstream construction is not high, the main flow is on-demand procurement, the wait-and-see state is relatively strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the field is normal, and some enterprises are on the market The price of phthalic anhydride increased slightly after the transfer out of the plant.

 

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In the near future, the execution price of domestic phthalic anhydride upstream products is 6200 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods inside the site has increased, and the market of imported phthalic anhydride in the port area has maintained a low level. In the near future, the market of phthalic anhydride in the port has declined, the stock in the port is low, and the external quotation of phthalic anhydride has fluctuated and fallen. The actual transaction price is subject to negotiation. The details are discussed by the upstream The price trend of phthalic anhydride market is limited.

The downstream DOP price increased slightly, the price of isooctanol increased, and the DOP cost increased. DOP price is fluctuating, downstream demand of DOP is normal, customers’ purchasing enthusiasm is general, downstream PVC market is fluctuating and rising, high-end transaction of DOP is blocked, mainstream transaction price of DOP market slightly rises to 7300-7600 yuan / ton, downstream price trend is improved, but upstream ox price remains low, plasticizer gradually enters the industry peak season, downstream demand may be improved, phthalic anhydride analyst of business agency The market price of phthalic anhydride is expected to rise slightly in the later period.

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