On October 17, the market price of phthalic anhydride in China continued to decline

On October 16, the phthalic anhydride commodity index was 65.45, down 0.97 points from yesterday, down 45.52% from 120.13 (2012-02-28), the highest point in the cycle, and up 35.17% from 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

PVA

In recent years, the price trend of domestic phthalic anhydride market continues to decline. The market price of phthalic anhydride in East China is low. The downstream factories maintain rigid purchase, the factory inventory pressure increases, and the high-end transaction is blocked. Recently, the factory inventory has increased, and the market price trend of phthalic anhydride is declining. In East China, 6700-6900 yuan / ton is the main flow of negotiation for neighboring method and 6100-6200 yuan / ton for naphthalene method; in North China, 6600-6800 yuan / ton is the main flow of negotiation for phthalic anhydride market. Most of the manufacturers in the site have price callback, the downstream construction is not high, the procurement is based on demand, the wait-and-see mentality is strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the site is sufficient, and the downstream demand of phthalic anhydride is also strong. The demand for phthalic anhydride decreased and the price trend of phthalic anhydride decreased slightly.

In recent years, the execution price of domestic phthalic anhydride upstream product Sinopec fell to 6700 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods inside the site increased, the import price of phthalic anhydride in the port area decreased, and the quotation fell. In recent years, the price of phthalic acid in the port decreased, the stock in the port was low, and the external quotation of phthalic anhydride fluctuated and fell. The actual transaction price is subject to negotiation. See the detailed list. On the other hand, the price trend of phthalic anhydride market continued to decline due to the drop in the price of upstream raw materials ortho benzene. The downstream DOP price is slightly lower, the price of isooctanol is lower, and the DOP cost is lower. The price of DOP is fluctuating, the downstream demand of DOP is normal, the customer’s purchasing enthusiasm is general, the downstream PVC market is fluctuating and declining, the high-end transaction of DOP is blocked, the mainstream transaction price of DOP market is slightly reduced to 7500-7900 yuan / ton, and the downstream price trend is declining, but the upstream ox price is firm, affected by the cost support, it is expected that the market price of phthalic anhydride will maintain a slightly lower trend in the later period.

POLYVINYL ALCOHOL