According to the monitoring of business agency, the domestic market price of phthalic anhydride decreased in July. As of the 30th day, the quoted price of phthalic anhydride was 5037.5 yuan / ton, which was 3.59% lower than the price of 5225 yuan / ton at the beginning of the month, and 12.14% lower than that at the beginning of the month. In July, the price of phthalic anhydride dropped and the market price of phthalic anhydride fell.
| PVA |
In July, the domestic market price of phthalic anhydride declined, and the market situation of phthalic anhydride was general. In the near future, the downstream demand was not good, and the price of o-phthalic anhydride dropped, which affected the price of phthalic anhydride slightly. Domestic phthalic anhydride manufacturers started normal operation, and the operating rate of phthalic anhydride was about 60%. The domestic phthalic anhydride spot supply was sufficient. The downstream plasticizer industry mainly purchased on demand. The merchants in the market were bullish and the market was general. In East China, the market price of phthalic anhydride and phthalic anhydride declined, and high-end transactions were limited. In East China, the main source negotiation of neighboring France was RMB 5000-5100 / T, while that of naphthalene process was 4800-4900 yuan / T; the mainstream quotation of phthalic anhydride market in North China was 4900-5100 yuan / T, and the market outlook of phthalic anhydride was still in existence, and the market price of phthalic anhydride fell.
The domestic price of o-benzene decreased slightly in July. As of the end of the month, the price of o-benzene was 4400 yuan / T, down 1.35% from the price of 4460 yuan / T at the beginning of the month. The decline of domestic o-benzene price was a big negative effect on the phthalic anhydride market. In addition, the price of imported o-benzene in the port area declined, and the external quotation of o-benzene declined. The actual transaction price was subject to negotiation. The actual list was discussed in detail. In addition, the on-site o-benzene merchants had a strong wait-and-see mood, The price of o-benzene decreased slightly, and the price of raw material o-benzene declined, which was detrimental to the domestic market price of phthalic anhydride.
| PVA 1788 (PVA BP17) |
The DOP market price in the downstream of phthalic anhydride fell in July. According to the monitoring of the business agency, the price of DOP at the end of July was 7133.33 yuan / ton, which was 4.04% lower than the price of 7433.33 yuan / ton at the beginning of the month. The price of isooctanol in the field fell down. DOP device operated stably, and the spot supply was sufficient. The DOP market price fell. The market of plasticizer industry declined. DOP market quotation was 6800-7200 yuan / ton. The turnover of plasticizer in the market decreased, and the downstream market was poor. Affected by bad luck, the domestic market price of phthalic anhydride declined.
Generally speaking, under the background of severe epidemic situation, it is very difficult for fuel demand to fundamentally improve. Although the United States and Europe have recently introduced economic stimulus policies, most of them are monetary policies. Due to the particularity of the epidemic situation, it is difficult to solve the problem from the perspective of increasing money supply. At present, the rebalancing of market supply and demand is mainly due to the efforts of oil producing countries to limit production. Crude oil prices mainly fluctuate, but there are also downside risks. Domestic petrochemical products prices are affected by certain negative effects.
In the future, the domestic o-benzene price trend is mainly volatile, but the transaction price of plasticizer is general, the plasticizer price has a downward trend, and the downward pressure of DOP market is still there. It is expected that the market price of phthalic anhydride will decrease slightly in August.
| PVA 1799 (PVA BF17) |