China’s domestic market price of phthalic anhydride rose sharply in November

According to the monitoring of business agency, the domestic market price of phthalic anhydride continued to rise sharply in November. As of the 27th day, the quoted price of phthalic anhydride was 7450 yuan / ton, which was 18.25% higher than that of 6300 yuan / ton on the first day, and 18.25% higher than that of 6300 yuan / ton on the first day. The spot supply on the spot was slightly tight, and the market price of phthalic anhydride continued to rise sharply.

 

In November, the domestic price of phthalic anhydride rose sharply, the delivery situation of phthalic anhydride market improved, the downstream demand increased recently, the price of o-benzene rose sharply, the market of plasticizer improved, and the spot supply of phthalic anhydride was tight, the price trend of phthalic anhydride rose sharply. Domestic phthalic anhydride manufacturers started operation at a low level, and the operating rate of phthalic anhydride was less than 60%. The domestic phthalic anhydride spot supply was tight, and the dealers were not willing to ship at a low price. The price of phthalic anhydride in the field rose sharply. The market of downstream plasticizer industry went up, the actual transaction increased, and the price of phthalic anhydride went up. The market price of phthalic anhydride in East China rose sharply, with limited high-end transactions. In East China, the main source negotiation of neighboring France was 7400-7600 yuan / ton, while that of naphthalene process was 7000-7200 yuan / ton; the mainstream quotation of phthalic anhydride market in North China was 7400-7500 yuan / T, and the observation state of phthalic anhydride field was still in existence. Recently, the transaction volume of phthalic anhydride market decreased slightly, and the driving force of continuous increase was insufficient.

 

In November, the domestic price of o-benzene was very high. At the end of the month, the domestic price of o-benzene was 5380 yuan / T, which was 22.27% higher than the price of 4400 yuan / T at the beginning of the month. The sharp rise of domestic o-benzene price is a good support for the phthalic anhydride market. In addition, the price of imported o-benzene in the port area has risen sharply. The actual transaction price is subject to negotiation, and the actual list is discussed in detail. In addition, the on-site o-benzene merchants have low prices However, the price of o-benzene rose sharply and the price of raw materials went up, which benefited the domestic market price of phthalic anhydride.

 

PVA 1799 (PVA BF17)

The DOP market price of phthalic anhydride downstream rose sharply in November. According to the monitoring of the business agency, the domestic DOP price was 9866.67 yuan / ton as of the 27th day, which was 32.44% higher than that of 7450 yuan / ton at the beginning of the month. The price of isooctanol in the field rose sharply. The DOP unit operated stably, the spot supply was normal, and the DOP market price skyrocketed. The market of plasticizer industry rose, with DOP market quotation of 9900-10400 yuan / ton. The transaction of plasticizer in the market was general, and the downstream market was significantly higher. The price of domestic phthalic anhydride was greatly increased.

 

On the whole, crude oil prices have risen recently. In addition, winter is the peak sales season for the plasticizer industry, and the prices of plasticizer products have increased significantly. The phthalic anhydride market is supported by favorable conditions, and the price continues to rise.

 

In the future, the domestic phthalic anhydride price trend is rising, but the plasticizer transaction market continues to rise, the driving force is insufficient, and the resistance of plasticizer price rising increases. It is expected that the market price of phthalic anhydride will fall back to a high level in December.

POLYVINYL ALCOHOL