Price trend

On July 8th, the price trend of phthalic anhydride in the East China market stabilized, with the mainstream price of OX method phthalic anhydride in the market ranging from 6,700-6,900 RMB/ton, and the market price of naphthalene based phthalic anhydride ranging from 6,400-6,600 RMB/ton. The price of industrial naphthalene was stabilizing, the price of OX was fluctuating and stabilizing, the cost of phthalic anhydride was stabilizing, the downstream plasticizer market was fluctuating and consolidating, the equipment operating load of plasticizer manufacturers was decreasing, the downstream procurement enthusiasm was weakening, phthalic anhydride was mainly purchased on demand, the demand for phthalic anhydride was weakening, the equipment maintenance of phthalic anhydride manufacturers was increasing, the operating load of phthalic anhydride manufacturers was decreasing, the inventory of phthalic anhydride was low, and the future phthalic anhydride market will be stabilizing.

On July 8th, the market price of phthalic anhydride in Jiangsu region stabilized, with the mainstream price range for OX method phthalic anhydride being 6,700-6,900 RMB/ton and naphthalene method being 6,400-6,600 RMB/ton. The equipment maintenance of phthalic anhydride manufacturers increased, the operating rate of phthalic anhydride decreased, the spot supply of phthalic anhydride in the domestic phthalic anhydride market decreased, the price of raw material OX stabilized, the price of industrial naphthalene had stabilized, and the cost support of phthalic anhydride still existed. The downstream plasticizer market fluctuated and consolidated, and the operating rate of plasticizer enterprises decreased. The demand support for phthalic anhydride weakened, and the downstream rigid demand procurement weakened. In the later stage, the phthalic anhydride market will fluctuate and consolidate.

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