The domestic market price of phthalic anhydride rose slightly. As of the 17th, the price of phthalic anhydride was 8287.5 yuan/ton, up 0.61% from the price of 8237.5 yuan/ton at the beginning of the week, and down 2.50% 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, and the domestic phthalic anhydride plant has operated stably. Now, the domestic phthalic anhydride operating rate is about 60%, the supply of goods is sufficient, the delivery of phthalic anhydride is general, and the market trend of phthalic anhydride is volatile.

Cost side: o-benzene market is stable

The price trend of domestic orthobenzene is temporarily stable. As of the 17th, the price of orthobenzene was 8500 yuan/ton. This week, the price trend is temporarily stable. The supply of orthobenzene is normal, and the operation of on-site devices is stable, but the port inventory changes little. The stable price of orthobenzene brings some cost support to the phthalic anhydride market, and the market price of phthalic anhydride rises slightly.

Demand side: DOP market has dropped sharply, mainly purchasing on demand

The downstream DOP market price continued to decline by 1.29%. At present, the domestic DOP price is 9920 yuan/ton. Domestic DOP enterprises have started steadily. The demand for phthalic anhydride is mainly based on demand. The mainstream DOP price is 9900-10000 yuan/ton. The demand for plasticizer industry is weak. The decline of DOP price has affected the low price of phthalic anhydride, 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 the downstream plasticizer industry continues to decline. The supply of phthalic anhydride is sufficient, and the contradiction between supply and demand is prominent. It is expected that the market price trend of ortho-xylene phthalic anhydride will fall in the later period.