The price of phthalic anhydride keeps falling

On November 4, the phthalic anhydride commodity index was 62.41, down 0.49 points from yesterday, down 48.05% from 120.13 (2012-02-28), the highest point in the cycle, and up 28.89% from 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).


PVA 0588 ( PVA BP05)

In recent years, the market price of phthalic anhydride in China has continued to decline. In East China, the market price of phthalic anhydride is weak. The downstream factories maintain rigid purchase, the factory inventory pressure increases, and the high-end transaction is blocked. In recent years, the factory inventory has increased, and the market price trend of phthalic anhydride continues to be at a low level. In East China, 6400-6700 yuan / ton is the main flow of negotiation for neighboring method and 5800-6000 yuan / ton for naphthalene method; in North China, 6200-6400 yuan / ton is the main flow of negotiation for phthalic anhydride market. Most of the manufacturers in the field have price callback, the downstream construction is not high, the purchase is mainly 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 field 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 continued to decline.



In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 6200 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods inside the site has increased, the import price of phthalic anhydride in the port area has declined, and the quotation has declined. In the near future, the price of phthalic acid in the port has declined, and the stock in the port is at a low level. The external quotation of phthalic anhydride has fluctuated and fallen. The actual transaction price is subject to negotiation, and the details are given, The price trend of phthalic anhydride market continued to decline due to the drop of upstream raw material phthalic acid price.


The downstream DOP price is slightly lower, the price of isooctanol is lower, and the DOP cost is lower. The DOP price 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 7400-7700 yuan / ton, the downstream price trend is declining, and the upstream ox price is falling, affected by the cost downward slide, it is expected that the market price of phthalic anhydride will maintain a slightly lower trend in the later period.