On February 17, the price of phthalic anhydride in China continued to decline

According to statistics, the price of phthalic anhydride in China continues to decline. As of February 17, the price of phthalic anhydride from o-phthalic method was 5750 yuan / ton. Recently, the price of phthalic anhydride in China continues to decline, the demand of plasticizer industry does not improve, and the market of phthalic anhydride is in a low state.

 

PVA 1788 (PVA BP17)

In recent years, the market price of phthalic anhydride in China has continued to decline. Affected by the epidemic situation, the transportation of chemicals is limited. The inventory of some phthalic anhydride manufacturers has increased and the delivery situation is poor. In East China, the market price of phthalic anhydride and phthalic anhydride has fallen, downstream factories have shut down a lot, factory inventory pressure has increased, and high-end transactions have been blocked. Recently, the factory inventory has increased, and the market price trend of phthalic anhydride has declined. In East China, the main flow of negotiation for neighboring process and naphthalene process is 5500-6000 yuan / ton and 5300-5600 yuan / ton respectively. In North China, the main quotation for phthalic anhydride market is 5400-5800 yuan / ton. Most of the manufacturers in the site have price callback, the downstream construction is not high, the procurement is based on demand, and the wait-and-see mentality is strong. The domestic phthalic anhydride plant starts normally, and the spot supply of phthalic anhydride in the site is sufficient. In addition, under phthalic anhydride, the main flow of negotiation is 5400-5800 yuan / ton The demand for phthalic anhydride is not good, and the price trend of phthalic anhydride keeps falling.

 

PVA FIBER

In the near future, the execution price of phthalic anhydride upstream products in China on February 17 is 5800 yuan / ton. The import price of phthalic acid in the port area is slightly lower and the quotation is declining. In the near future, the price of phthalic acid in the port is weak, the port inventory is increased, and the price of phthalic acid in the external market is lower. The actual transaction price is subject to the negotiation, and the detailed negotiation is made. The price of phthalic anhydride market is lower due to the decrease of upstream raw material phthalic acid price.

 

In the downstream, the price of DOP raw material isooctanol fluctuated and fell, the cost of DOP raw material fell, DOP enterprises started work normally, the operating rate dropped, during the anti epidemic period, logistics was limited, transportation was difficult, DOP supply was normal, DOP manufacturers’ inventory was high. The price of DOP fell, the purchasing enthusiasm of customers was poor, the price of downstream PVC fluctuated and remained stable, and the equipment of PVC enterprises started at a low level. The main quotation in DOP market is about 7100-7500 yuan / ton, and the price trend in the downstream is slightly down. In addition, the price of ox in the upstream is down. It is expected that the market price of phthalic anhydride will maintain a slightly down trend in the later period.

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