First, the trend of the market:

According to statistics, the price trend of phthalic anhydride has risen sharply. As of December, the domestic market price of phthalic anhydride was 6950 yuan/ton. In September, the price of phthalic anhydride increased by 17.13%. About 6900-7000 yuan/ton of o-phthalic anhydride in Shandong and 7000-7200 yuan/ton of phthalic anhydride in Jiangsu are the mainstream of phthalic anhydride negotiations. There is a slight shortage of spot supply in the market. The manufacturers reflect the recent increase in orders and the price of phthalic anhydride continues to rise.

II. Market analysis:

Products: Recently, the domestic market price of phthalic anhydride has risen sharply. Some factories have stopped their installations, the starting rate of phthalic anhydride has dropped to about 60%, the spot supply has decreased, some factories have increased their orders, there is no stock backlog in the field, the market of phthalic anhydride has improved, and the market price of phthalic anhydride has risen sharply. In addition, the recent upstream raw material phthalic market prices have risen, the port phthalic best-selling, inventory depletion, phthalic overhaul facilities in the phthalic yard are more, phthalic anhydride spot supply is very tight, phthalic anhydride prices are affected by cost support; downstream factories are still maintaining the just-needed procurement, in-site neighbourhood source negotiations mainstream in 6900-7200 yuan/ton, naphthalene method. The mainstream of supply negotiation is 6500-6700 yuan/ton; the mainstream quotation of phthalic anhydride market in North China is 6900-7000 yuan/ton, and the market price is rising constantly. The quotation of enterprises in North China is rising slightly. The downstream is general, and purchasing on demand is dominant. The wait-and-see mentality is strong. The maintenance of domestic phthalic anhydride plant is increasing, the goods in the phthalic anhydride field are getting better, and the early neighborhood. Phthalic anhydride market manufacturers have been in the loss stage, the current round of phthalic anhydride price rise makes manufacturers see hope, resulting in a large increase in the market price of phthalic anhydride.

Upstream: In September, the execution price of phthalic anhydride upstream product, phthalic anhydride Sinopec, rose 500 yuan/ton to 6500 yuan/ton. Recent domestic Yangtze petrochemical equipment overhaul, Luoyang petrochemical equipment failure is temporarily not shipped, Liaoyang Petrochemical phthalic equipment is running at a low level, the spot supply of phthalic anhydride is very tight, the port stock is declining sharply, and the negotiation price is substantial. Rise. The external quotation of phthalic anhydride has risen concussively. The actual transaction price is based on negotiation. The upstream price trend has risen, which is good for the domestic phthalic anhydride market. The market price of phthalic anhydride has risen sharply.

Downstream: DOP prices have risen sharply in the recent downstream. The domestic DOP market price is 7766.67 yuan/ton as of the 12th day. DOP external quotation has risen recently. DOP equipment construction of plasticizer enterprises has risen, supply has increased, DOP transaction price has risen, overall plasticizer DOP market has risen, DOP downstream warming has risen, and customer purchasing enthusiasm has increased. Downstream PVC market volatility and warming, DOP market mainstream offer 7900-8100 yuan/ton, downstream prices rose, for upstream phthalic anhydride demand increased, phthalic anhydride market prices were greatly affected.

3. Future market forecast:

At present, the price trend of phthalic anhydride in the upstream is rising, the terminal demand is rising, and the upstream and downstream favorable factors are superimposed. In addition, the overhaul of phthalic anhydride plant on the site is more, and the supply is tight. The phthalic anhydride analysts of business associations believe that the market price trend of phthalic anhydride may maintain an upward trend, and the price is around