Phthalic anhydride market prices continue down

[comment] Chemical industry in January 20th, the new neighbor Yang Technology Factory of phthalic anhydride 5100 yuan / ton cash; Changzhou Red mixed method of phthalic anhydride price down 100 yuan / ton, price 4800 yuan / ton; Yamato Hiroshinobu neighbor phthalic anhydride factory price 4950 yuan / ton.

January 19th chemical index was 607 points, down 1 points yesterday, a period of record low, representing a decrease of 40.26% in March 13, 2012 the highest point of 1016 points. (Note: the cycle refers to 2011-12-01 so far)

January 19th bengan (Hua Dong) commodity index was 48.42, unchanged from yesterday, a period of record low, representing a decrease of 59.69% in February 28, 2012 the highest point of 120.13 points. (Note: the cycle refers to 2011-09-01 so far)

Today the market offer steady raw material benzene small fall, making raw materials supporting surface phthalic anhydride, phthalic anhydride market prices fell slightly, the main downstream of the DOP factory just need to purchase and factory price decline, the overall market turnover slowed talks. Business agency analysts believe the chemical branch of phthalic anhydride, phthalic anhydride market remains 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 phthalate and downstream DOP trends, is expected this week, phthalic anhydride market consolidation.

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