SunSirs:The Price Trend of Domestic Phthalic Anhydride Market Rises on September 2

　　On September 2, the phthalic anhydride commodity index was 59.85, up 2.1 points from yesterday, down 50.18% from the cyclical peak of 120.13 points (2012-02-28), up 23.61% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

　　Recently, the domestic market price of phthalic anhydride has risen, the market price of phthalic anhydride in eastern China has risen, downstream factories are just in need of purchasing, factory inventory is still under pressure, high-end transactions are blocked, but orders on the market are higher than before, and the market price of phthalic anhydride is rising. In East China, the mainstream of neighbouring-law supply negotiations is 6000-6200 RMB/ton, while in naphthalene-law supply negotiations is 5600-5700 RMB/ton; in North China, the mainstream quotation of phthalic anhydride market is 6000-6100 RMB/ton, the market price keeps rising, some manufacturers increase the ex-factory price, the downstream start-up is not high, purchasing on demand is dominant, and the domestic phthalic anhydride market has a strong wait-and-see mentality. The plant operates stably, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride is rising.

　　Recently, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 6300 RMB/ton, the import market of phthalic anhydride in port area has not changed much, the quotation is stable, the recent market of o-phthalic anhydride in port is general, the port stock is at a low level, the quotation of o-phthalic anhydride outer plate is stable, the actual transaction price is based on negotiation, the actual single detailed discussion, the upstream price trend Market prices are rising. DOP prices in the downstream rose, isooctanol prices rose, and DOP costs rose. DOP prices rose, DOP downstream demand shocked and declined, customer purchasing enthusiasm was general, downstream PVC market slightly lower, DOP market mainstream transaction price of about 7350 RMB/ton, downstream prices rose, the market price of phthalic anhydride is expected to remain strong in the later period.