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SunSirs: The price trend of domestic phthalic anhydride market rose in March
April 02 2022 10:56:38()

According to the monitoring of SunSirs, the market price trend of domestic phthalic anhydride rose in March. As of the end of the month, the quotation of phthalic anhydride was 8737.5 RMB/ton, up 8.37% from the price of 8062.5 RMB/ton at the beginning of the month, up 43.83% year-on-year. The market price trend of phthalic anhydride rose slightly in March, and the sales of phthalic anhydride market was normal

Since March, the market price trend of phthalic anhydride has risen, the delivery of phthalic anhydride in the field is normal, the price trend of upstream raw material orthobenzene has risen sharply, the plasticizer market has risen, favorable factors support the phthalic anhydride market, and the market price trend of phthalic anhydride has risen sharply. There is little change in the operation of domestic phthalic anhydride manufacturers. The operation rate of phthalic anhydride on the site is less than 60%. The domestic spot supply of phthalic anhydride is normal, and the price trend of upstream adjacent benzene rises. Affected by this, the market price of phthalic anhydride rises. The market price of phthalic anhydride in East China is rising, and the high-end transactions in the venue are limited. The mainstream of adjacent France source negotiation in East China is 8600-8800 RMB/ton, and the mainstream of naphthalene method source negotiation is 8400-8500 RMB/ton; The mainstream quotation of phthalic anhydride market in North China is 8600-8700 RMB/ton. The wait-and-see mentality of phthalic anhydride still exists in the field. The downstream is mainly purchased on demand. Driven by raw materials, the market price trend of phthalic anhydride rises.

Since March, the price of domestic orthobenzene has risen sharply, with the on-site price of 9000 RMB/ton, an increase of 15.38% compared with the price of 7800 RMB/ton at the beginning of the month. The rise of domestic orthobenzene price is a good support for the phthalic anhydride market. In March, the market trend of imported orthobenzene in the port area rose, and the external quotation of orthobenzene rose. Recently, the inventory of orthobenzene in the port area was ok, and the external quotation of orthobenzene remained high. The actual transaction price is subject to negotiation, and the actual order is discussed in detail, The price of o-benzene rose sharply. The price of raw material o-benzene was good for the domestic market price of phthalic anhydride. In addition, the demand improved, and the market price of phthalic anhydride increased slightly.

In March, the downstream DOP market price of phthalic anhydride increased slightly. According to the monitoring of business society, the domestic DOP price was 12300 RMB/ton by the end of the month, with a price increase of 3.36%. The operation of DOP enterprises in the field was stable, the DOP supply was normal, the isooctanol price was stable, the DOP raw material cost was stable, the operation of DOP enterprises was low, the DOP supply was sufficient, the PVC price fluctuated temporarily, the downstream demand was general, and the market transaction was general. The upward momentum of plasticizer DOP market still exists, and the downward pressure increases. The transaction price is subject to the real-time price. The DOP price is 12200-12500 RMB/ton, and the price trend of phthalic anhydride market is affected.

On the whole, the peak sales season of plasticizer is coming to an end, and most units of phthalic anhydride manufacturers operate stably. However, the market price of orthobenzene has remained stable recently, and the trend of downstream plasticizer industry has declined. On the whole, it is expected that the market price of phthalic anhydride may fall slightly in the later stage.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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