On November 18, the phthalic anhydride commodity index was 60.95, unchanged from the last day, down 49.26% from 120.13 (2012-02-28), the highest point in the cycle, and up 25.88% from 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

Recently, the domestic market price of phthalic anhydride has fluctuated at a low level. The market price of phthalic anhydride in East China is weak. The downstream factories maintain just-needed purchases. The pressure on factory stocks has increased, and high-end transactions have been blocked. Recently, the inventory of manufacturers has increased, and the market price of phthalic anhydride has continued to be low. The mainstream supply of neighboring progress phthalic anhydride in East China is 6000-6600 RMB/ton, the mainstream of naphthalene progress phthalic anhydride supply is 5700-5900 RMB/ton; the mainstream price of phthalic anhydride market in North China is 5900-6200 RMB/ton, and the price of most manufacturers in the market remains low. The downstream construction is not high. The main purchase is on demand. The wait-and-see state is relatively strong. The operation of domestic phthalic anhydride plant is stable. The phthalic anhydride supply is sufficient in the field, the downstream demand is not improved, and the phthalic anhydride price fluctuates at a low level.

Recently, the domestic phthalic acid price of Sinopec was 6,200 RMB/ton, the market of port area imported phthalic acid fell, the offer temporarily stabilized, the recent port phthalic acid market temporarily stabilized, the port inventory decline is still low, the external disk price of phthalic acid fluctuated and stabilized. The actual transaction price was subject to negotiation. The actual price was discussed in detail. Due to the low price of phthalic acid in the upstream raw materials, the market price trend of phthalic anhydride was temporarily stabilized. The price of phthalic anhydride fluctuated and fell, the price of isooctyl alcohol fluctuated and fell, the cost of DOP raw materials fell, the price of DOP fluctuated and stabilized, the downstream of DOP oscillated, the enthusiasm of customers' purchases was stable, and the downstream PVC market fluctuated. The DOP market mainstream price is about 7200-7550 RMB/ton, the downstream price trend is declining, coupled with the low price of upstream OX, affected by the decline of downstream products, it is expected that the market price of phthalic anhydride will maintain the low price.

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