January 20th phthalic anhydride Market Overview

[chemical]  Finance recently, phthalic anhydride market prices continue down. The raw material benzene market offer steady and fell, making raw materials supporting the shortage of phthalic anhydride, downstream of the DOP factory just need to purchase and factory price decline, the overall market turnover slowed negotiations.

Yesterday, PA (Hua Dong) commodity index is 48.42, and the same day, a period of record low, representing a decrease of 59.69% in February 28, 2012 the highest point of 120.13 points. The chemical index was 607 points, 1 points lower than the day before yesterday, a period of record low, representing a decrease of 40.26% in March 13, 2012 the highest point of 1016 points.

Overall, the market continued to phthalic anhydride bleak, record prices low, but because of raw material prices of industrial naphthalene and unsaturated resin sales is good and the DOP market has improved, the industry should pay more attention to the phthalate and downstream DOP trends, is expected this week, finishing the main market of phthalic anhydride.

The dynamic part of the enterprise or area of phthalic anhydride market in January 20th:

Shandong sea right Petrochemical Group Limited (formerly Shandong morning sunshine Petrochemical phthalic anhydride) with an annual output of 50 thousand tons device since September 3rd to stop execution price of 5000 yuan / ton, sales inventory, real simple negotiations.

Neighbor phthalic anhydride plant park, Changzhou red 40 thousand tons / year has yet to restart the normal operation; o Nai mixing device 50 thousand tons / year. Neighbor phthalic anhydride today temporarily quotations, O Nai mixed anhydride offer 4800 yuan / ton, inventory is moderate, mainly discuss the real single.

In Southern China to discuss the market reference price of phthalic anhydride in 5000 yuan / ton, the market Yindie atmosphere, the downstream demand is low, weak support, market sentiment is not active.

The atmosphere in East China phthalic anhydride market light trading, price stability or small, local factory neighbor phthalic anhydride quotations 5000-5100 yuan / ton, traders offer Suixingjiushi, buy small trading downstream, lack of negotiations can refer to 4950-5100 yuan / ton.

Xinyang Technology (Changzhou Yabang) normal operation of phthalic anhydride plant, plant total production capacity of 100 thousand tons / year, today neighbor foreign price 5100 yuan / ton phthalic anhydride. Low inventory, real simple negotiations.

The atmosphere in North China phthalic anhydride market piandan. By buying the poor, poor traders take the goods, follow the market offer, downstream procurement is not much, less volume, neighbor reference talks phthalic anhydride 5000-5100 yuan / ton, sporadic price hearing.

The normal operation of Zhenhai TEDA phthalic anhydride plant, phthalic anhydride P.A. tender execution of 5000-5100 yuan / ton, stock co..

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