China’s domestic phthalic anhydride price rose in September

According to the monitoring of business agency, the domestic market price of phthalic anhydride rose in September. As of the 27th day, the quoted price of phthalic anhydride was 5400 yuan / ton, which was 6.93% higher than 5050 yuan / ton at the beginning of the month, with a year-on-year decrease of 24.48%.

 

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In September, the domestic market price of phthalic anhydride rose, and the delivery situation of phthalic anhydride market improved. In the near future, downstream procurement was still mainly on demand, and the downstream DOP price rose. In addition, the price of o-benzene did not change much, so the market price of phthalic anhydride rose. Domestic phthalic anhydride manufacturers started normal operation, and the operating rate of phthalic anhydride was less than 60%. Domestic spot supply of phthalic anhydride was tight. The downstream plasticizer industry mainly purchased on demand. The traders in the market were bullish, and the exchange trading market was improved. The market price of phthalic anhydride and phthalic anhydride in East China rose, and high-end transactions were limited. In East China, the main source negotiation of neighboring France was 5400-5500 yuan / ton, and that of naphthalene process was 5100-5300 yuan / ton; the mainstream quotation of phthalic anhydride market in North China was 5300-5500 yuan / T, and the observation state of phthalic anhydride field was still in existence. Due to the shortage of supply, domestic phthalic anhydride price increased.

 

In September, the domestic price of o-benzene was stable. By the end of the month, the price of o-benzene was 4400 yuan / T, which was the same as the price of 4400 yuan / T at the beginning of the month. The stable price of domestic o-benzene played a certain role in supporting the cost of phthalic anhydride market. In addition, the price of imported o-benzene in the port area was lower, and the external quotation of o-benzene was mainly stable. The actual transaction price was subject to negotiation, the actual list was discussed in detail, and the on-the-spot situation of o-benzene merchants The price trend of phthalic anhydride rose under the influence of tight supply.

 

The DOP market price in the downstream of phthalic anhydride rose in September. According to the monitoring of the business agency, the price of DOP at the end of September was 7266.67 yuan / ton, which was 4.31% higher than that of 6966.67 yuan / ton at the beginning of the month. The price of isooctanol in the field rose, DOP device operated stably, the spot supply was normal, and the DOP market price rose. The market of plasticizer industry was higher. The DOP market quotation was 7350-7650 yuan / ton. Downstream customers were active in purchasing. The transaction of plasticizer was temporarily stable. The price trend of DOP rose in September, which had a positive support for the price of phthalic anhydride. The domestic market price of phthalic anhydride rose.

 

In the future, the domestic phthalic anhydride price trend is mainly volatile, but the transaction price of plasticizer is general, and the pressure of continuous rising of plasticizer price is great. In addition, the domestic phthalic anhydride plant is running stably. It is expected that the market price of phthalic anhydride in October will fluctuate mainly, and there is no lack of possibility of falling.

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