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SunSirs: The domestic phthalic anhydride market rose last week
May 30 2022 13:59:31()

According to the monitoring of the SunSirs, the domestic market price of phthalic anhydride has increased slightly. Up to now, the quoted price of phthalic anhydride is 8175 RMB/ton, a slight increase of 1.08% compared with the price of 8087.5 RMB/ton at the beginning of the week, and a year-on-year increase of 25.77%. The recent market demand is general, and the market price of phthalic anhydride has increased slightly.

The domestic market price of phthalic anhydride rose slightly, the delivery of phthalic anhydride in the market was general, the downstream DOP market price changed little, the price of ortho benzene rose, the plasticizer market did not improve, the downstream demand was poor, which was bad for the domestic phthalic anhydride market, and the market price of phthalic anhydride increased little. The operation of domestic phthalic anhydride manufacturers has little change. The operating rate of phthalic anhydride in the site is less than 60%. The domestic spot supply of phthalic anhydride is normal. The downstream plasticizer industry mainly purchases on demand, and the actual transaction has little change. The market price of phthalic anhydride in East China has risen slightly, and the high-end transactions in the market are limited. The mainstream of the neighboring France source negotiation in East China is 8100-8300 RMB/ton, and the mainstream of the naphthalene method source negotiation is 8000-8100 RMB/ton; The mainstream quotation of phthalic anhydride market in North China is 8100-8300 RMB/ton. The wait-and-see mentality in the phthalic anhydride market still exists. The downstream purchases are mainly on demand. The price of adjacent benzene rises, and the market price of phthalic anhydride rises slightly.

Recently, the price of domestic ortho benzene has risen, and the on-site price is 8600 RMB/ton. The on-site price has risen. The rising price of domestic ortho benzene is a positive factor in the phthalic anhydride market. Recently, the market of imported ortho benzene in the port area has improved. Recently, the inventory of ortho benzene in the port area is not high, and the external quotation of ortho benzene has risen. The actual transaction price is subject to negotiation. The actual price is discussed in detail. As a result, the domestic phthalic anhydride market has risen slightly.

The downstream DOP market price of phthalic anhydride has declined slightly. According to the monitoring of the SunSirs, the domestic DOP price has been 11975 RMB/ton so far, with a decline of 0.21% this week. The on-site DOP enterprises have started steadily, with sufficient DOP supply, lower isooctanol prices, and higher DOP raw material costs. The start-up of DOP enterprises is normal, with sufficient DOP supply, temporarily stable PVC prices, stable downstream demand, and general market transactions. The upward momentum of plasticizer DOP market has weakened, and the downward pressure still exists. The transaction price is subject to the real-time price. The DOP price is 11900-12100 RMB/ton. On the whole, the DOP price trend has declined slightly, and the affected price of phthalic anhydride market has not increased much.

In general, the price of ortho benzene has risen recently, but the downstream plasticizer industry has declined slightly, and the actual demand has not improved significantly. Affected by this, the market price of phthalic anhydride has not increased significantly. It is expected that the market price of phthalic anhydride will be stable in the later period.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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