First, the trend of the market:
According to statistics, the price trend of phthalic anhydride has risen, with the price of phthalic anhydride at the end of the weekend at 6633.33 yuan/ton, down 14.82% from the same period last year. About 6500-6600 yuan/ton of o-phthalic anhydride in Shandong and 6700-6800 yuan/ton of phthalic anhydride in Jiangsu are the mainstream of phthalic anhydride negotiations, and the market spot supply is normal. The naphthalene phthalic anhydride plant starts normally, and the current quotation is 6200-6300 yuan/ton. Recently, the market price of phthalic anhydride has risen sharply.
II. Market analysis:
Product: This week, the domestic market price of phthalic anhydride has risen sharply. Recently, due to the shortage of raw materials, the market price of phthalic anhydride has risen sharply. The market opening rate of phthalic anhydride has been maintained at about 70%, the spot supply of phthalic anhydride is normal, the downstream factories have just to be purchased, the inventory situation of factories is general, and the mainstream of on-site neighbourhood – 6,800 yuan/ton, the main stream of negotiation of naphthalene method is 6,100-6,300 yuan/ton; the mainstream quotation of phthalic anhydride market in North China is 6,500-6,600 yuan/ton, the market price has risen sharply, the quotation of enterprises in North China has risen, downstream construction is normal, purchasing on demand is dominant, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is running steadily, and the market is on the move. The situation has improved, and the market price of phthalic anhydride has risen sharply. Even though the market price of phthalic anhydride has risen sharply, some manufacturers still reflect that they are still at a loss stage.
Upstream: The domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 6300 yuan/ton, the import price of o-phthalic anhydride in port area is rising, the quotation is temporarily stable, the recent market of o-phthalic anhydride in port is rising, some enterprises quote more than 7500 yuan/ton, the stock of port is declining, and the quotation of o-phthalic acid is rising concussively. The actual transaction price is Detailed discussion, upstream price trend is good for domestic phthalic anhydride market price, phthalic anhydride market price trend has risen substantially.
Downstream: The price of DOP in the downstream has risen recently, and the domestic market price of DOP is 7550 yuan/ton by the end of the week. Recently, the price of phthalic anhydride of DOP raw materials has risen sharply, the price of isooctanol has been stable and the cost of DOP has risen. DOP price shocks rise, DOP downstream shocks maintain stability, customer purchasing enthusiasm is general, downstream PVC market shocks maintain stability, DOP market mainstream transaction price around 7550-7800 yuan/ton, for upstream phthalic anhydride demand has increased, phthalic anhydride market prices have been affected by the rise.
Industry: Recently, the market of plasticizer industry has improved, the demand downstream terminal has not changed much, and the price trend of phthalic anhydride market has risen.
3. Future market forecast:
At present, the price trend of phthalic anhydride in the upstream is rising, and the terminal demand has not changed much. Affected by cost support, the market price of phthalic anhydride is rising. The analyst of business association phthalic anhydride thinks that the market price of phthalic anhydride will continue to rise, with the price at 6500 yuan/ton.