On November 12, the phthalic anhydride commodity index was 61.19, unchanged from yesterday, down 49.06% from 120.13 (2012-02-28), the highest point in the cycle, and up 26.37% from 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

In recent years, the market price of phthalic anhydride in China has been falling continuously. The market price of phthalic anhydride in East China continues to fall. The downstream factories maintain the rigid demand for purchasing. The factory inventory pressure increases, and the high-end transaction is blocked. Recently, the factory inventory has increased, and the market price trend of phthalic anhydride has declined. In East China, the main flow of negotiation for neighboring process and naphthalene process is 6000-6500 yuan / ton, and 5700-5900 yuan / ton respectively; in North China, the main quotation for phthalic anhydride market is 5900-6200 yuan / ton, most of the manufacturers’ prices in the site are recalled, the downstream construction is not high, the procurement is based on demand, the wait-and-see mentality is strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the site is sufficient, and the downstream demand of phthalic anhydride is also strong The demand for phthalic anhydride decreased and the price trend of phthalic anhydride continued to decline.

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 6200 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods inside the site has increased, the import price of phthalic anhydride in the port area has declined, and the quotation has declined. In the near future, the price of phthalic acid in the port has declined, and the stock in the port is at a low level. The external quotation of phthalic anhydride has fluctuated and fallen. The actual transaction price is subject to negotiation, and the details are given, The price trend of phthalic anhydride market continued to decline due to the drop of upstream raw material phthalic acid price.

The downstream DOP price is slightly lower, the price of isooctanol is lower, and the DOP cost is lower. The price of DOP is fluctuating, the downstream demand of DOP is normal, the purchasing enthusiasm of customers is general, the downstream PVC market is fluctuating and declining, the high-end transaction of DOP is blocked, the mainstream transaction price of DOP market is slightly reduced to 7300-7600 yuan / ton, the downstream price trend is declining, and the upstream ox price remains low. Affected by the cost decline, it is expected that the market price of phthalic anhydride will maintain a slightly lower trend in the later period.