According to statistics, the domestic market price of phthalic anhydride has been slightly lower recently. Since mid-July, the market price of phthalic anhydride has dropped from 6000 yuan/ton to 5850 yuan/ton. The overall decline is 2.50%. The market demand for phthalic anhydride has not improved and the market price has slightly declined. The mainstream of domestic phthalic anhydride supply negotiation is 5700-5900 yuan/ton, and naphthalene phthalic anhydride supply negotiation is 5300-5400 yuan/ton.
| POLYVINYL ALCOHOL |
There are several reasons for the recent decline in the market price of phthalic anhydride. Firstly, in the near future, the starting rate of domestic phthalic anhydride market is about 70%, the overall domestic supply is sufficient, and the manufacturers are not in good condition. At present, it is in the off-season of the industry, and the demand downstream is poor, which brings a big gap to the phthalic anhydride market and a lower price of phthalic anhydride. Secondly, the upstream raw material market is not well supported. The actual domestic turnover price of o-phenyl is about 5900 yuan/ton. The quotation maintains a low level and the port supply is general. The price of raw materials mixed xylene in the upstream of phenyl fluctuates, the turnover of raw materials mixed xylene is general, the stock of phenyl in the port is low, the actual transaction price of imported phenyl is discussed in detail, the upstream price trend is fluctuant, the upstream raw materials are good enough to support, and the price of phthalic anhydride is low. Third: Downstream DOP products prices continue to fall, DOP downstream demand is not good, customer procurement enthusiasm is general, downstream PVC market volatility fell, DOP market mainstream transaction price of about 7400 yuan/ton, DOP downward pressure still exists, the overall DOP market is negative, DOP market volatility fell in the future mainly. The domestic market price of phthalic anhydride is affected by the negative factors of upstream and downstream. The downstream manufacturers mainly purchase on demand. The situation of phthalic anhydride on the market with a strong wait-and-see mentality is general. Some manufacturers have lowered their quotations and the price trend of phthalic anhydride has slightly declined.
| PVA |
The price trend of domestic DOP market is consistent with that of phthalic anhydride market. Recent demand of plasticizer industry is poor. The demand for upstream raw materials is very limited. The starting rate of phthalic anhydride and DOP is high, which leads to sufficient domestic spot supply, and the market price of phthalic anhydride and DOP is declining.
Chen Ling, an analyst of phthalic anhydride in business associations, believes that the price trend of phthalic anhydride in the upstream has remained low and the DOP market in the downstream has been declining. In addition, plasticizers are in the off-season and demand has not improved. In the short term, the price trend of phthalic anhydride market is expected to be slightly lower, ranging from 5600 to 5700 yuan/ton.
| PVA 0588 ( PVA BP05) |