China’s domestic phthalic anhydride market price slightly declined on October 10

On October 9, the phthalic anhydride commodity index was 67.15, down 0.49 points from yesterday, down 44.10% from the cyclical peak of 120.13 points (2012-02-28), and up 38.68% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price of phthalic anhydride has slightly declined, the market price of phthalic anhydride in eastern China has declined, downstream factories have just needed to purchase, the inventory pressure of factories has increased, high-end transactions have been blocked, recent inventories of factories have increased, and the market price of phthalic anhydride has declined. In East China, the mainstream of neighbouring-method supply negotiations is 6800-7100 yuan/ton, naphthalene-method supply negotiations is 6200-6500 yuan/ton; in North China, the mainstream quotation of phthalic anhydride market is 6700-6900 yuan/ton, most manufacturers in the field price callback, downstream start-up is not high, on-demand procurement is dominant, wait-and-see mentality is strong, domestic phthalic anhydride plant runs steadily, phthalic anhydride spot supply is sufficient, and phthalic anhydride downstream demand Unfortunately, demand for phthalic anhydride has decreased, and the price trend of phthalic anhydride has slightly declined.

Recently, the price of domestic phthalic anhydride upstream product, Sinopec o-phthalic anhydride, is 6,900 yuan/ton. As a result of the restart of repair facilities of some domestic o-phthalic manufacturers, the supply of goods in the field has increased, the import market of o-phthalic anhydride in the port area has declined, the quotation has fallen, the recent market of o-phthalic anhydride in the port has declined, the stock of the port is low, the quotation of o-ph Affected by the drop in the price of phthalic anhydride, the market price trend of phthalic anhydride continued to decline. Downstream DOP prices slightly fell, isooctanol prices fell, DOP costs fell. DOP price declined, DOP downstream demand was normal, customer purchasing enthusiasm was general, downstream PVC market shocks declined, DOP high-end transactions were blocked, DOP market mainstream transaction price 7600-8000 yuan/ton, downstream price trend shocks, the market price of phthalic anhydride is expected to fall slightly later.