On March 31, the phthalic anhydride commodity index was 65.69, unchanged from yesterday, down 45.32% from the cyclical peak of 120.13 points (2012-02-28), and up 35.67% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).
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Recently, the domestic market price of phthalic anhydride is weaker, the market of phthalic anhydride and phthalic anhydride in eastern China is weaker, downstream factories are in need of purchasing, factory inventory pressure is continuing, high-end transactions are blocked, the mainstream of on-site neighbouring source negotiation is 6500-6700 yuan/ton, the mainstream of naphthalene source negotiation is 6400 yuan/ton; the mainstream quotation of phthalic anhydride market in North China is 6500-6700 yuan/ton, and the market weakness Main, the quotation trend of enterprises slightly declined, downstream construction is not high, on-demand procurement is the main, wait-and-see mentality is strong, domestic phthalic anhydride plant operation is stable, phthalic anhydride spot supply is normal, the market is not good, phthalic anhydride price trend slightly declined.
Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 6800 yuan/ton. The actual market transaction price is 7100 yuan/ton. The quotation is stable and the port is out of stock. The upstream raw material mixed xylene price is stable, the turnover of phthalic anhydride is general, the stock of phthalic anhydride in port is low, the price of phthalic anhydride is temporarily stable, the cost of imported phthalic anhydride is rising, the actual transaction price is discussed in detail, the upstream price trend is stable, and the market price of phthalic anhydride remains weak. DOP prices in the downstream are lower. Recently, in the DOP market in Zhejiang, the quotation of merchants has dropped to 8300-8400 yuan/ton, and the downstream price has slightly decreased. The demand for phthalic anhydride in the upstream is limited. The market price of phthalic anhydride has slightly decreased. It is expected that the market price of phthalic anhydride in the later period will be around 6600 yuan/ton.
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