On November 20, the benchmark price of phthalic anhydride on SunSirs was 5,876.67 RMB/ton, a decrease of 1.23% compared with the beginning of the month (5,950.00 RMB/ton). 

On November 20th, the East China phthalic anhydride market saw a weak but stabilizing price trend. The mainstream price for OX based phthalic anhydride was 5,700-5,900 RMB/ton, while the price for naphthalene-based phthalic anhydride was 5,450-5,700 RMB/ton. Industrial naphthalene prices consolidated, while OX prices fluctuated but stabilized, leading to stable phthalic anhydride costs. The downstream plasticizer market recovered, with plasticizer manufacturers increasing their operating rates. Downstream demand was primarily for immediate needs, and phthalic anhydride purchases were mainly on an as-needed basis. Demand for phthalic anhydride remained strong, with manufacturers stabilizing their operating rates, resulting in ample supply and low inventory levels. The phthalic anhydride market is expected to stabilize in the near future.

On November 20th, the phthalic anhydride market in Shandong province stabilized. The mainstream price for OX based phthalic anhydride was 5,700-5,900 RMB/ton, while the mainstream price for naphthalene-based phthalic anhydride was 5,450-5,700 RMB/ton. Raw material OX prices stabilized, industrial naphthalene prices fluctuated but stabilized, and phthalic anhydride costs stabilized weakly. Downstream plasticizer markets recovered, phthalic anhydride manufacturers' equipment operating rates stabilized, and the phthalic anhydride market supply was ample. Plasticizer manufacturers increased their operating rates, and demand for phthalic anhydride remained supportive. The phthalic anhydride market is expected to stabilize weakly in the near future.

On November 20th, the price of phthalic anhydride in Jiangsu Province showed a weak but stable trend. The mainstream price for OX based phthalic anhydride was 5,650-5,800 RMB/ton, while the mainstream price for naphthalene-based products was 5,450-5,650 RMB/ton. Phthalic anhydride manufacturers maintained stable low-level operating rates, resulting in ample spot supply in the domestic market. OX prices remained stable, while industrial naphthalene prices fluctuated but stabilized. Downstream plasticizer prices rose, leading to increased operating rates at plasticizer companies, which continued to support phthalic anhydride demand, with downstream buyers making only essential purchases. The phthalic anhydride market is expected to stabilize weakly in the near future.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.