On June 26, the phthalic anhydride commodity index was 56.12, unchanged from yesterday, down 53.28% from the peak of 120.13 points in the cycle (2012-02-28), and up 15.90% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price trend of phthalic anhydride has risen slightly, the market price of phthalic anhydride in eastern China has rebounded, downstream factories have just needed to purchase, factory inventory is still under pressure, high-end transactions are blocked, the mainstream of on-site neighbouring source negotiations is 5600-5800 yuan/ton, the mainstream of naphthalene source negotiations is 5300-5400 yuan/ton; the mainstream price of phthalic anhydride in North China is 5600-5700 yuan/ton, and the market price is small. The price of phthalic anhydride plant in China is stable, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride is rising slightly.

In recent years, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import market of o-phthalic anhydride in port area is temporarily stable, and the quotation is stable. In recent years, the market of o-phthalic anhydride in port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is low, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend remains low, phthalic anhydride market price rise is limited. Downstream DOP raw material phthalic anhydride price rises, isooctanol price rises, DOP cost rises. DOP price shocks are higher, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market shocks are stable, DOP market mainstream transaction price is around 7150 yuan/ton, DOP downward pressure is weakened, there is a certain upward momentum, the market price of phthalic anhydride is expected to rise slightly later.