On May 14, the phthalic anhydride commodity index was 61.31, down 0.33 points from yesterday, down 48.96% from the peak of 120.13 points in the cycle (2012-02-28), and up 26.62% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).
| PVA 1799 (PVA BF17) |
In recent years, domestic phthalic anhydride market price trend has been temporarily stable, the phthalic anhydride market in eastern China maintained weak, downstream factories maintained just-in-demand purchasing, factory inventory pressure continued, high-end transactions were blocked, the mainstream of on-site neighbouring source negotiation was 6300-6400 yuan/ton, and the mainstream of naphthalene source negotiation was 6100 yuan/ton; the mainstream quotation of phthalic anhydride market in North China was 6300-6400 yuan/ton, with the main market shocks. The quotation trend of enterprises is slightly declining, downstream construction is not high, purchase on demand is the main, wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is normal, the market is not good, the price trend of phthalic anhydride is negative.
| PVA 1788 (PVA BP17) |
Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 6400 yuan/ton. The actual transaction price in the market is 6400 yuan/ton. The quotation is declining, and the port market is general. The upstream raw material mixed xylene price fluctuation maintains stable, the turnover of phthalic acid is general, the port phthalic acid inventory is low, the quotation of phthalic acid external market is temporarily stable, the import phthalic acid cost fluctuation, the actual transaction price is discussed in detail, the upstream price trend declines, and the phthalic anhydride market price maintains weak. DOP downstream price is lower, DOP downstream demand is general, customer procurement enthusiasm is not good, DOP mainstream transaction price is about 7900 yuan/ton, DOP downstream price is still under pressure, downstream price is slightly lower, demand for upstream phthalic anhydride is limited, phthalic anhydride market price is slightly lower, it is expected that the later market price of phthalic anhydride will be around 6200 yuan/ton