According to statistics, the price of phthalic anhydride in China is slightly lower. As of February 5, the price of phthalic anhydride from o-phthalic acid process is 6,037.5 RMB/ton. Recently, the price of phthalic anhydride in China is slightly lower, the demand of plasticizer industry is not improved, and the market of phthalic anhydride is in a downturn.
Recently, the domestic phthalic anhydride market price has fallen slightly. Due to the epidemic situation, the transportation of chemical products has been limited. Some phthalic anhydride manufacturers have started to increase their inventories and their shipments have been poor. The price of phthalic anhydride and phthalic anhydride in East China dropped, and there were more shutdowns in downstream factories, increasing plant inventory pressure, and high-end transactions were blocked. Recently, manufacturers' inventory increased, and the price of phthalic anhydride declined. In East China, the main price of negotiation for neighboring method is 5,800-6,200 RMB/ton, that for naphthalene method is 5,700-5,900 RMB/ton, and that for phthalic anhydride market in North China is 5,800-6,100 RMB/ton. Most of the manufacturers' prices have been adjusted back, the downstream construction is not high, the purchase is mainly on demand, and the wait-and-see mentality is relatively strong. The domestic phthalic anhydride plant is generally started, the spot supply of phthalic anhydride in the site is sufficient, coupled with the poor downstream demand of phthalic anhydride, the demand for phthalic anhydride is not improved, and the price trend of phthalic anhydride is slightly down.
On February 5, the execution price of o-benzol Sinopec was 6,300 RMB/ton. The imported o-benzol market in the port area was temporarily stable and the quotation was stable. In the near future, the o-benzol market in the port was stable and the port inventory was increased. The external quotation of o-benzol was stable. The actual transaction price was subject to negotiation and was discussed in detail. Influenced by the upstream raw material o-benzol price support, the decline of the market price of phthalic anhydride was limited.
In the downstream, the price of DOP raw material isooctanol fluctuated and fell, the cost of DOP raw material fell, the start-up of DOP enterprises was basically normal, the start-up rate fell, during the anti epidemic period, the logistics was limited, the transportation was difficult, and the inventory of DOP manufacturers was high. The price of DOP fell, the purchasing enthusiasm of customers was poor, the price of downstream PVC fluctuated and remained stable, the equipment of PVC enterprises started at a low level, and the mainstream price of DOP market was about 7,100-7,500 RMB/ton. In the future, the downward pressure of DOP remains, the upward momentum increases, the trend of downstream price declines slightly, and the upstream ox price remains volatile. It is expected that the market price of phthalic anhydride will maintain a slight downward trend in the later period.
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