On January 27th, the benchmark price of phthalic anhydride according to SunSirs was 6,283.33 RMB/ton, an increase of 5.31% compared to the beginning of the month (5,966.67 RMB/ton).

On January 27th, the price trend of phthalic anhydride in the East China market fluctuated and consolidated. The mainstream quotation for OX method phthalic anhydride was 6,200-6,350 RMB/ton, and the market price for naphthalene-based phthalic anhydride was 5,800-6,100 RMB/ton. Industrial naphthalene prices fluctuated but remained stable, OX prices remained stable, and phthalic anhydride costs remained stable; the downstream plasticizer market fluctuated upwards, and the operating rate of plasticizer manufacturers remained low but stable. Downstream buyers purchased based on immediate needs, and phthalic anhydride was mainly purchased on demand. Demand for phthalic anhydride remained supported, but the operating rate of phthalic anhydride manufacturers decreased, leading to a tightening of supply and low inventory levels. The market is expected to continue to fluctuate and consolidate in the future.

On January 27th, the phthalic anhydride market in the Shandong region experienced volatile fluctuations. The mainstream price for OX method phthalic anhydride was negotiated at 6,200-6,350 RMB/ton, while the mainstream price for naphthalene-based phthalic anhydride was 5,800-6,100 RMB/ton. Raw material prices for o-xylene and industrial naphthalene remained stable, resulting in stable phthalic anhydride production costs. The downstream plasticizer market saw fluctuating increases. Phthalic anhydride manufacturers maintained stable equipment operation, although the overall operating rate of phthalic anhydride enterprises remained low but stable. The phthalic anhydride market experienced tight supply, while plasticizer manufacturers maintained stable operating loads. Demand for phthalic anhydride remained supported. The market is expected to continue to fluctuate and consolidate in the future.

On January 27th, the phthalic anhydride market prices in the Jiangsu region fluctuated and consolidated. The mainstream price for OX method phthalic anhydride was negotiated at 6,200-6,350 RMB/ton, while the mainstream price for naphthalene-based phthalic anhydride was negotiated at 5,800-6,100 RMB/ton. Phthalic anhydride manufacturers maintained stable production, with operating rates remaining at a low but stable level. Domestic phthalic anhydride supply was sufficient. The price of the raw material OX remained stable, while the price of industrial naphthalene consolidated. The upward pressure on phthalic anhydride costs weakened. The downstream plasticizer market fluctuated upwards, and plasticizer manufacturers maintained stable operating rates, providing continued demand support for phthalic anhydride. Downstream buyers continued to purchase based on essential needs. The phthalic anhydride market is expected to strongly consolidate in the near future.

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