According to statistics, the price of phthalic anhydride in China continues to decline. As of March 18, the price of phthalic anhydride from o-phthalic anhydride was 5225 yuan / ton. Since 2020, the price of phthalic anhydride has dropped by 17.06%, down 23.54% year on year. In recent years, the price of phthalic anhydride in China has been falling continuously, and the market price of phthalic anhydride has repeatedly reached a new low.
|POLYVINYL ALCOHOL FIBER|
In recent years, the market price of domestic phthalic anhydride has continued to decline. Due to the continuous decline of crude oil price, the price of phthalic anhydride upstream raw material ortho benzene is at a low level of 5000 yuan / ton. In addition, the downstream of the terminal has not yet fully recovered in the near future, some phthalic anhydride manufacturers still have inventory and poor delivery situation. Affected by the sharp decline of raw material price, the market price of domestic phthalic anhydride has been falling continuously. The market price of phthalic anhydride and phthalic anhydride in East China has fallen, the downstream factories have been shut down a lot, the factory inventory pressure has increased, and the high-end transaction has been blocked. Recently, the factory inventory has increased, and the market price trend of phthalic anhydride has declined. The main flow of negotiation of neighboring method and naphthalene method in East China is 5100-5400 yuan / ton, 4800-5100 yuan / ton, and the main flow of quotation of phthalic anhydride market in North China is 5100-5300 yuan / ton, The prices of most manufacturers in the site fell, and the downstream purchase was mainly on demand, with a strong wait-and-see mentality, and the market price of phthalic anhydride fell sharply.
In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 5000 yuan / ton, and the import phthalic acid Market in port area is slightly lower. In the near future, the port phthalic acid market is weak, the port inventory is increased, and the external quotation of phthalic acid is lower. The actual transaction price is subject to negotiation and detailed discussion. Due to the decline of upstream raw material phthalic acid price, the market price of phthalic anhydride continues to decline.
The lower DOP raw material price of isooctanol fluctuated and fell, the DOP raw material cost fluctuated and fell, the DOP enterprise operated at low load, the logistics transportation was limited in the near future, it was difficult to get out of the warehouse, and the DOP manufacturer’s inventory increased. The price of DOP fell, the purchasing enthusiasm of customers was poor, the price of downstream PVC fell, and the equipment of PVC enterprises started at a low level. The main quotation in DOP market is about 6500-6900 yuan / ton, a small amount of market plasticizers are traded, the downstream demand is poor, and the market price of phthalic anhydride is significantly lower.
In the later stage, the crude oil price is still in a weak position in the short term. In addition, the peak season of the downstream plasticizer industry is over, and the demand for the upstream phthalic anhydride is limited. Influenced by the international public health events, it is expected that the price of the phthalic anhydride Market will rise heavily in the later stage, and will still fall.