The domestic market price of phthalic anhydride rose slightly. As of the 24th, the price of phthalic anhydride was 8325 yuan/ton, up 0.45% from the price of 8287.5 yuan/ton at the beginning of the week, down 4.86% year on year.

Supply side: stable operation of the device and normal supply of goods

In the near future, the domestic phthalic anhydride plant has operated steadily, the domestic phthalic anhydride plant has operated stably, the Anhui Tongling Linfa phthalic anhydride has started to ship normally, the Xinyang Group’s 100000 ton phthalic anhydride plant has operated stably, and the Shandong Hongxin phthalic anhydride has operated normally. Now the domestic phthalic anhydride operating rate is about 60%, the supply of goods is sufficient, the phthalic anhydride delivery is normal, and the phthalic anhydride market has risen slightly.

Cost side: o-benzene market is stable

The price trend of domestic ortho benzene is temporarily stable. As of the 24th, the price of ortho benzene is 8500 yuan/ton. This week, the price trend is temporarily stable. The ortho benzene supply is normal, and the operation of on-site devices is stable, but the port inventory changes little. The stable ortho benzene price brings some cost support to the phthalic anhydride market, and the market price of phthalic anhydride rises slightly.

On the demand side: the trend of DOP market is volatile, and procurement is based on demand

The price trend of downstream DOP market fluctuated, with an increase of 0.40%. At present, the domestic DOP price is 9960 yuan/ton. Domestic DOP enterprises have started steadily. The demand for phthalic anhydride is mainly based on demand. The mainstream price of DOP is 9900-10000 yuan/ton. The demand of plasticizer industry is weak. Affected by the fluctuation of DOP price, the price of phthalic anhydride is low, but the overall price is low.

In the future, the price trend of ortho-xylene is stable in the short term, but the market of downstream plasticizer industry is fluctuating, the supply of phthalic anhydride is normal, and the demand is general. It is expected that the market price trend of ortho-xylene phthalic anhydride will be stable in the later period.