On December 3, the phthalic anhydride commodity index was 61.31, unchanged from the previous day, 48.96% lower than 120.13 (2012-02-28), the highest point in the cycle, and 26.62% higher than 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

In the near future, the price trend of domestic phthalic anhydride market is temporarily stable, the price of phthalic anhydride market in East China is stable, the downstream factories maintain rigid purchase, the factory inventory pressure increases, the high-end transaction is blocked, the factory inventory is normal in the near future, and the price trend of phthalic anhydride market is temporarily stable. In East China, the main price of negotiation for phthalic anhydride of neighboring method is 6200-6600 RMB/ton, that for phthalic anhydride of naphthalene method is 5800-5900 RMB/ton, and that for phthalic anhydride market in North China is 6100-6200 RMB/ton. The prices of most manufacturers in the site remain low, the downstream construction is not high, the purchase is mainly 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 site is sufficient, the downstream purchase is on demand, and the price of phthalic anhydride remains volatile.

 In the near future, the implementation price of Sinopec phthalic acid is 6200 RMB/ton. The import price of phthalic acid in the port area is stable and the quotation is temporarily stable. The port inventory is still at a low level. The actual transaction price is subject to negotiation and detailed discussion. Affected by the low price of the upstream raw material phthalic acid, the market price trend of phthalic anhydride is temporarily stable. The downstream DOP raw material phthalic anhydride price trend is temporarily stable, the price of isooctanol is fluctuating and falling, the cost of DOP raw material is falling, the DOP price is fluctuating and stable, the downstream DOP is fluctuating and recovering, the purchasing enthusiasm of customers is stable, and the downstream PVC market is fluctuating and rising. The main quotation of DOP market is about 7300-7550 RMB/ton. The downstream price trend is temporarily stable. In addition, the upstream ox price is stable. Affected by the low price of downstream products, the market price of phthalic anhydride is expected to remain volatile in the later period.

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