Price trend

On July 15th, the market trend of phthalic anhydride in Shandong region fluctuated and consolidated. The price of OX method phthalic anhydride was negotiated at 6,700-6,800 RMB/ton, and the mainstream source of phthalic anhydride for naphthalene method was negotiated at 6,400-6,500 RMB/ton.

Analysis review

The prices of raw materials such as OX were fluctuating and stabilizing, industrial naphthalene prices were fluctuating and stabilizing, and the cost of phthalic anhydride was stabilizing. The downstream plasticizer market was weak and declining, equipment maintenance for phthalic anhydride manufacturers was increasing, and the operating rate of phthalic anhydride enterprises was decreasing. The overall supply of phthalic anhydride in the market had decreased, the load on plasticizer enterprises had decreased, and the demand for phthalic anhydride had weakened.

Future outlook:

The phthalic anhydride market is expected to stabilize weakly in the future.

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