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SunSirs:The Domestic Phthalic Anhydride Market Price Trend Was Temporarily Stabilized

August 30 2019 15:58:19     SunSirs (John)

  On August 28, the phthalic anhydride commodity index was 57.75, up 0.33 points from yesterday, down 51.93% from the peak of 120.13 points in the cycle (2012-02-28), and up 19.27% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

  Recently, the domestic phthalic anhydride market price remained firm. The market price of phthalic anhydride phthalic anhydride in East China increased slightly. The downstream factories maintained the need for procurement. The factory inventory was still under pressure. The high-end transaction was blocked. The mainstream supply of the neighboring legal sources was¥5800-6000/ton. The mainstream of supply negotiations is¥5400-5500/ton; the mainstream price of phthalic anhydride market in North China is¥5800-5900/ton, the market price rises slightly, some manufacturers raise the ex-factory price, the downstream construction is not high, on-demand procurement, wait and see mentality Concentrated, the domestic phthalic anhydride plant operated stably, the spot supply of phthalic anhydride was normal, and the price trend of phthalic anhydride rose slightly.

  Recently, the domestic price of phthalic anhydride upstream products is 6100 yuan/ton, the import market of phthalic anhydride in port area is rising, the quotation is temporarily stable, the recent market of phthalic anhydride in port is general, the stock of port is at a low level, the quotation of phthalic anhydride outside market is falling concussively, the actual transaction price is based on negotiation, and the upstream price trend is rising. Benefiting the domestic phthalic anhydride market, the market price of phthalic anhydride rose slightly. DOP prices in the downstream rose, isooctanol prices rose, and DOP costs rose. DOP prices rose, DOP downstream demand shocks declined, customer purchasing enthusiasm is general, downstream PVC market slightly lower, DOP market mainstream transaction price of about¥7400/ton, downstream prices remain shocks, the market price of phthalic anhydride is expected to remain strong in the later period.

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