The domestic market price of phthalic anhydride has slightly increased this week

According to the Commodity Market Analysis System of Business Society, the domestic market price trend of ortho phthalic anhydride has slightly increased. As of the 11th, the quotation for ortho phthalic anhydride was 8675 yuan/ton, an increase of 1.02% compared to the 4th price of 8587.5 yuan/ton, and a year-on-year decrease of 6.22%.



Supply side: Stable operation of the device and normal supply of goods


The operation of domestic phthalic anhydride plants is stable, and the current operating rate of phthalic anhydride in China is over 60%. The supply of phthalic anhydride goods is relatively normal, and recent downstream procurement is still acceptable. The transaction situation of phthalic anhydride is normal, and the market situation of phthalic anhydride has slightly increased.


Cost side: There is still support for the rising costs in the ortho benzene market


This week, the domestic price trend of ortho benzene has increased. As of the 11th, the price of ortho benzene was 9300 yuan/ton, an increase of 2.20% compared to the 4th price of 9100 yuan/ton. The supply of ortho benzene is normal, the operation of on-site devices is stable, but port inventory has slightly decreased. In addition, the external market price of ortho benzene has risen, which has affected the domestic price trend of ortho benzene. The rising ortho benzene market has brought some cost support to the phthalic anhydride market, and the price trend of phthalic anhydride market has increased.


On the demand side: The DOP market has seen a significant increase



The price trend in the downstream DOP market is mainly declining, with prices as of the 11th at 11641.67 yuan/ton, a 3.06% decrease compared to the 4th at 12009.17 yuan/ton. Domestic DOP enterprises have maintained their operations, and domestic DOP supply is normal. However, plasticizer enterprises are experiencing profit losses, plasticizer manufacturers are operating at low loads, and plasticizer supply is still tight. Downstream demand is weak, with mainstream DOP prices ranging from 11600 to 11700 yuan/ton. The poor plasticizer market has suppressed the increase in phthalic anhydride.


In the future, the price of ortho xylene remains high in the short term, while the trend of downstream plasticizers is declining. The purchasing enthusiasm of the plasticizer industry is not high, and it is expected that the market price of ortho phthalic anhydride will remain stable in the short term.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>