On November 10, the phthalic anhydride commodity index was 61.56, unchanged from yesterday, 48.76% lower than the highest point in the cycle, 120.13 (2012-02-28), and 27.14% higher than the lowest point, 48.42, on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

In recent years, the market price of phthalic anhydride in China has been falling continuously. In East China, the market price of phthalic anhydride is weak. The downstream factories maintain rigid demand for procurement. The factory inventory pressure increases, and high-end transactions are 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, the main flow of negotiation of neighboring method source is 6200-6600 yuan / ton, and that of naphthalene method source is 5700-5900 yuan / ton; in North China, the main quotation of phthalic anhydride market is 6000-6200 yuan / ton, most of the manufacturers’ prices in the field 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 field is sufficient, and the downstream demand is not good Turn, the price of phthalic anhydride continued to decline.

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 6200 yuan / ton. The price of imported phthalic anhydride in the port area is declining, and the quotation is temporarily stable. In the near future, the price of phthalic anhydride in the port area is declining, the port inventory is still at a low level, and the quotation of phthalic acid in the external market is fluctuating and falling. The actual transaction price is subject to negotiation, and the details are discussed. Influenced by the price drop of upstream raw material phthalic acid, the price trend of phthalic anhydride market continues Slide downward. 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.