Can the market of phthalic anhydride recover?

According to the monitoring of the business community, the price trend of domestic phthalic anhydride market in early February was temporarily stable. As of the 4th, the quotation of phthalic anhydride was 5725 yuan / ton. Recently, the price trend of phthalic anhydride remained stable, the spot supply on the floor was normal, and the market price of phthalic anhydride was firm.

 

In the near future, the price trend of phthalic anhydride market is stable, the delivery situation of phthalic anhydride market is normal, the downstream demand is normal, the price trend of o-benzene is stable, the plasticizer market is improved, and the price of phthalic anhydride is deadlocked. Domestic phthalic anhydride manufacturers started at a low level. The operating rate of phthalic anhydride in the market was about 60%. The domestic phthalic anhydride spot supply was slightly tight. The price of phthalic anhydride in the market was firm. The downstream plasticizer industry rose slightly. The actual transaction was not obviously good. The price trend of phthalic anhydride was temporarily stable. The price trend of phthalic anhydride market in East China is temporarily stable, with limited high-end transactions in the market. The mainstream of adjacent France source negotiation in East China is 5800-6000 yuan / ton, and naphthalene method source negotiation is 5500-5600 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 5600-5800 yuan / ton. The market outlook of phthalic anhydride still exists, and the downstream procurement has not increased significantly. Recently, the price of downstream DOP has risen, which has given the market a boost Certain positive support, but the market price trend of phthalic anhydride is temporarily stable.

 

In recent years, the domestic price of o-benzene has been temporarily stable, with the market price of 4 700 yuan / ton. The low domestic price of o-benzene is the bad influence of phthalic anhydride market. In addition, the import price of o-benzene in the port area remains at a low level, and the external quotation of o-benzene does not change much. The actual transaction price is subject to negotiation and detailed discussion. Coupled with the strong wait-and-see sentiment of o-benzene merchants in the market, the price of o-benzene fluctuates at a low level, The low price of raw material o-benzene is bad for the domestic market price of phthalic anhydride, and the resistance to the price rise of phthalic anhydride still exists.

 

At the beginning of February, the market price of phthalic anhydride downstream DOP continued to rise. According to the monitoring of business society, the domestic DOP price was 9955 yuan / ton as of the 4th, the price of isooctanol rebounded, the cost of DOP raw materials fluctuated and fell, the equipment start-up of DOP enterprises was temporarily stable, the price of PVC fluctuated and warmed up, and the low demand of downstream customers warmed up. The plasticizer market is more dynamic and the downward pressure is weak. The transaction price is based on the real-time price. The overall DOP price is about 9900-10400 yuan / ton. The future DOP market is more dynamic and the downward pressure is weak. The domestic phthalic anhydride price may rise slightly due to the favorable support from the downstream.

 

Overall, the recent rise in crude oil prices, coupled with the improvement of downstream plasticizer industry, the market of phthalic anhydride is supported by the positive, and it is expected that the market price of phthalic anhydride will rise slightly in the future.

POLYVINYL ALCOHOL