The price trend of phthalic anhydride in China this week was temporarily stable (6.15-6.19)

According to the monitoring of the business agency, the price trend of domestic phthalic anhydride market has been stable temporarily in the near future. As of the end of the week, the price of phthalic anhydride by o-phthalic method was 5275 yuan / ton, which was the same as that at the beginning of the week, down 5.41% year on year.



This week, the price trend of domestic phthalic anhydride market is stable, and the delivery of phthalic anhydride market is normal. The high price of crude oil has boosted domestic petrochemical products, the price of ortho benzene has been affected, and the price trend of phthalic anhydride market has been shaken. The operation of domestic phthalic anhydride manufacturers is normal, the operation rate of phthalic anhydride in the field is about 60%, the spot supply of domestic phthalic anhydride is normal, the downstream plasticizer industry mainly purchases on demand, the on-site merchants are bullish, and the on-site trading market is picking up. The market price of phthalic anhydride in East China is higher, and the high-end transactions in the market are limited. The main flow of the negotiation of neighboring method sources in East China is 5200-5400 yuan / ton, and that of naphthalene method is 4900-5100 yuan / ton. The main flow of the quotation of phthalic anhydride in North China is 5200-5300 yuan / ton, and the observation state of the phthalic anhydride in the market still exists, and the market price trend of phthalic anhydride is generally stable.


This week, the good support of phthalic anhydride market price is the rising price of domestic phthalic acid, the upstream product of phthalic anhydride, the execution price of domestic phthalic Sinopec increased by 200 yuan / ton to 4460 yuan / ton, the import price of phthalic acid in port area recovered, the external quotation of phthalic acid rose, the actual transaction price is subject to negotiation, and the details are discussed. In addition, there is strong bullish sentiment among the phthalic acid merchants, the price of phthalic acid rose, and the upstream raw material phthalic acid Price rise is a good support for phthalic anhydride market price.


Another positive support is the higher price of downstream DOP market. This week, the price of plasticizer DOP rose slightly, and the market performance of DOP market was strong. Recently, the price of DOP in East China is 7233.33 yuan / ton, up 1.40% from 7133.33 yuan / ton at the beginning of the week. In addition, the price of isooctanol is rising, and the market price of DOP is higher. The market of plasticizer industry has recovered, and the price of DOP market is 7300-7400 yuan / ton. The trading enthusiasm of market plasticizer has increased, and the downstream market has gone higher, which is good support for domestic phthalic anhydride market, and the market trend of phthalic anhydride is volatile.


In the near future, crude oil price is high and volatile, the price trend of raw material o-benzene is rising, and the transaction of plasticizer is positive. The downward pressure of DOP market in the future is still strong, and the sustained good support is still there. It is expected that the market price of phthalic anhydride will rise slightly in the later period.

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