According to statistics, the market price of phthalic anhydride continued to decline this week. As of the end of the week, the price of phthalic anhydride produced by ortho phthalic method in China was 6325 yuan / ton, down 1.36% from 6412.5 yuan / ton at the beginning of the week, down 19.81% year on year. The domestic good support was insufficient, and the price of phthalic anhydride kept falling.
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This week, the domestic market price of phthalic anhydride continued to decline. The market price of phthalic anhydride in East China was weak. The downstream factories maintained rigid purchase, the factory inventory pressure increased, and the high-end transaction was blocked. Recently, the factory inventory increased, and the market price trend of phthalic anhydride continued to be low. In East China, 6300-6600 yuan / ton is the main flow of negotiation for neighboring method and 5800-6000 yuan / ton for naphthalene method; in North China, 6100-6300 yuan / ton is the main flow of negotiation for phthalic anhydride market. Most of the manufacturers in the site have price callback, the downstream construction is not high, the procurement is based on demand, the wait-and-see mentality is strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the site is sufficient, and the downstream demand of phthalic anhydride is also strong The demand for phthalic anhydride decreased and the price trend of phthalic anhydride continued to decline.
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In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 6200 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods inside the site has increased, the import price of phthalic anhydride in the port area has declined, and the quotation has declined. In the near future, the price of phthalic acid in the port has declined, and the stock in the port is at a low level. The external quotation of phthalic anhydride has fluctuated and fallen. The actual transaction price is subject to negotiation, and the details are given, The price trend of phthalic anhydride market continued to decline due to the drop of upstream raw material phthalic acid price.
The downstream DOP price is slightly lower, the price of isooctanol is lower, and the DOP cost is lower. The price of DOP is fluctuating, the downstream demand of DOP is normal, the purchasing enthusiasm of customers is general, and the downstream PVC market is fluctuating and recovering. The mainstream quotation of DOP market is about 7400-7700 yuan / ton. In the future, the upward momentum of DOP is relatively small, and the downward pressure still exists. The downstream price trend slightly declines. In addition, the upstream ox price falls back. Affected by the cost decline, the market price of phthalic anhydride is expected to maintain a slight downward trend in the later period.
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