On March 23, the price of phthalic anhydride in China continued to decline

According to statistics, the price of phthalic anhydride in China continues to decline. As of March 23, the price of phthalic anhydride from o-phthalic acid method was 4912.5 yuan / ton. Recently, the price of phthalic anhydride in China has been falling continuously, the demand of plasticizer industry is general, and the market of phthalic anhydride is weak.

 

Polyglutamic acid

In recent years, the domestic market price of phthalic anhydride continues to decline. Due to the influence of the low price of crude oil in the early stage, the price of phthalic anhydride upstream raw material ortho benzene drops sharply, and the affected price of phthalic anhydride market continues to decline. In addition, some phthalic anhydride manufacturers still have inventory in the near future, and the delivery situation is poor. The market price of phthalic anhydride and phthalic anhydride in East China fell, the downstream factories returned to work slowly, the factory inventory pressure increased, the high-end transactions were blocked, and the market price fell continuously. In East China, the main flow of negotiation for neighboring process and naphthalene process is 4700-5000 yuan / ton and 4400-4600 yuan / ton respectively; in North China, the main flow of quotation for phthalic anhydride market is 4800-5100 yuan / ton, most of the manufacturers’ prices in the site fall, the downstream construction is not high, the main flow of procurement is on demand, the wait-and-see mentality is strong, the operation of domestic phthalic anhydride plant is general, the spot supply of phthalic anhydride in the site is sufficient, and the price of phthalic anhydride is walking The trend is falling.

 

Poly glutamic acid

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec fell to 4600 yuan / ton, the import price of phthalic acid in port area fell, the price of phthalic acid in port area fell, the price of phthalic acid in port area fell recently, the price of phthalic acid in external market fell, the actual transaction price is subject to negotiation, the detailed discussion shows that the operation of phthalic acid equipment is basically normal, the supply of phthalic acid is stable, affected by the decline of upstream raw material phthalic acid price, phthalic anhydride City Market prices continued to fall.

 
In the downstream, the price of raw material phthalic anhydride of DOP fell, the price of isooctanol fell sharply, the cost of raw material of DOP fell in shock, DOP enterprises operated at low load, and the logistics and transportation recovered gradually in the near future, but DOP manufacturers still had a lot of inventory. DOP price fell, PVC enterprise equipment start low, customer procurement enthusiasm is poor. The main quotation in DOP market is about 6500-6900 yuan / ton, a small amount of market plasticizer is traded, the upstream ox price is significantly lower, and it is expected that the market price of phthalic anhydride will continue to fall in the later period.

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