On July 17, China’s domestic phthalic anhydride market price trend was temporarily stable

On July 17, the phthalic anhydride commodity index was 58.07, unchanged from yesterday, down 51.66% from the peak of 120.13 points in the cycle (2012-02-28), and up 19.93% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

POLYVINYL ALCOHOL

Recently, the domestic market price trend of phthalic anhydride has been temporarily stable, the market price of phthalic anhydride in eastern China has shocked, downstream factories have just needed to purchase, factory inventory is still under pressure, high-end transactions have been blocked, the mainstream of on-site neighbouring source negotiation is 5900-6100 yuan/ton, and the mainstream of naphthalene source negotiation is 5400-5500 yuan/ton; the mainstream of phthalic anhydride market in North China is mainstream. Quoted at 5900-6000 yuan/ton, the market price remained volatile, the quoted price of enterprises was not high downstream, purchasing on demand was the main, wait-and-see mentality was strong, the domestic phthalic anhydride plant was stable, the spot supply of phthalic anhydride was normal, and the price trend of phthalic anhydride was volatile.

PVA

Recently, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import price of o-phthalic anhydride in the port area has risen, and the quotation has risen. Recently, the market of o-phthalic anhydride in the port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is higher, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend shocks, phthalic anhydride market price slightly declines. Downstream DOP raw material phthalic anhydride price shocks, isooctanol prices fell, DOP costs fell. DOP price trend is temporarily stable, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market volatility is stable, DOP market mainstream transaction price is about 7650 yuan/ton, downstream price trend is temporarily stable, and phthalic anhydride market price is expected to remain volatile in the later period.