China’s domestic phthalic anhydride market price trend was temporarily stable on July 24

On July 24, the phthalic anhydride commodity index was 56.93, unchanged from yesterday, down 52.61% from the cyclical peak of 120.13 points (2012-02-28), and up 17.58% from the lowest point of 48.42 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 negotiations is 5700-5800 yuan/ton, and the mainstream of naphthalene source negotiations is 5300-5400 yuan/ton; the mainstream of phthalic anhydride market in North China is 5300-5400 yuan The quotation ranges from 5700 to 5800 yuan/ton, the market price remains volatile, the quotations of enterprises are slightly lower, the downstream start-up is not high, the purchase on demand is the main, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is normal, and the price of phthalic anhydride is declining.

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 prices fell, isooctanol prices fell, DOP costs fell. DOP price trend is declining, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market volatility is low, DOP market mainstream transaction price is about 7300 yuan/ton, downstream prices are constantly falling, the market price of phthalic anhydride is expected to decline slightly later.