On May 7, China’s domestic phthalic anhydride market price rebounded and rose

According to statistics, the price of phthalic anhydride rebounded and rose in China. As of May 7, the price of phthalic anhydride from o-phthalic anhydride was 4750 yuan / ton. The price of phthalic anhydride in China rose slightly, the demand of plasticizer industry was normal, and the market of phthalic anhydride rebounded.

 

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In recent years, the market price of phthalic anhydride in China has increased slightly, the demand of phthalic anhydride market is normal, and the market price of phthalic anhydride is average. However, the rise of crude oil price has boosted domestic petrochemical products, and the price of phthalic anhydride market has rebounded. The operation of domestic phthalic anhydride manufacturers is normal, the operating rate of phthalic anhydride in the site is more than 60%, the spot supply of domestic phthalic anhydride is normal, the procurement of downstream plasticizer industry is general, the market price of phthalic anhydride manufacturers is general, and the market price of phthalic anhydride is high. As of July 7, the market price of phthalic anhydride in East China rose, but the high-end transactions in the market were blocked. The main flow of the negotiation of neighboring method sources in East China was 4800-5100 yuan / ton, and that of naphthalene method sources was 4400-4600 yuan / ton. The main flow of the quotation in the phthalic anhydride market in North China was 4700-5000 yuan / ton, and the wait-and-see mentality in the phthalic anhydride market was still there. The market price of phthalic anhydride was general, and the price of phthalic anhydride rose slightly.

 

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 4000 yuan / ton. The import phthalic acid Market in port area is stable and stable temporarily. In the near future, the port phthalic acid market is general and the external price of phthalic anhydride is stable temporarily. The actual transaction price is subject to negotiation and detailed discussion. Affected by the fluctuation of upstream raw material phthalic acid price, the price increase of phthalic anhydride market is limited.

 

The downstream DOP market price is higher, the price of isooctanol is warmer and higher, the cost of DOP raw materials is higher, DOP enterprises operate at low load, and DOP manufacturers stock sales. The price of DOP increased, the equipment of PVC enterprises started to work normally, and the enthusiasm of customers for purchasing was temporarily stable. The price of plasticizer is rising. The market price of DOP is about 6500-6700 yuan / ton. The market price of plasticizer is generally active, high-speed charges are increased, and logistics and transportation costs are increased. It is expected that the market price of phthalic anhydride will rise slightly in the later period, supported by favorable downstream prices.

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