This week, the price of phthalic anhydride has stopped falling and stabilized

According to the Commodity Market Analysis System of Shengyishe, the domestic market price trend of ortho phthalic anhydride has stabilized this week. As of June 24th, the quoted price of ortho phthalic anhydride was 8050 yuan/ton, a decrease of 0.31% compared to the price of 8075 yuan/ton on June 17th; Compared to June 14th, the price of phthalic anhydride decreased by 0.31% to 8075 yuan/ton. The domestic price for ortho phthalic anhydride is 7800-8000 yuan/ton for factory delivery, while the domestic price for ortho phthalic anhydride is 7300-7500 yuan/ton for factory delivery.

Supply side: Tight supply of goods

The operation of domestic phthalic anhydride units is temporarily stable, while the operation of Anhui Tongling ortho phthalic anhydride equipment is normal. The 100000 ton phthalic anhydride unit of Xinyang Group is operating stably, and the phthalic anhydride equipment of Shandong Hongxin is undergoing maintenance. The operating rate of domestic phthalic anhydride is around 60%, and the spot supply of phthalic anhydride is stable. The sales situation of phthalic anhydride manufacturers is average. This week, the price of industrial naphthalene first fell and then stabilized, while the naphthalene phthalic anhydride market was weak and stable. The ortho phthalic anhydride market is stabilizing, and the ortho phthalic anhydride market is falling and then stabilizing. This week, the market for phthalic anhydride has stopped falling and stabilized.

On the demand side: The trend of on-demand procurement in the DOP market is fluctuating and declining

According to the Commodity Market Analysis System of Shengyishe, as of June 24th, the price of plasticizer DOP was 10075 yuan/ton, a fluctuation decrease of 1.35% compared to the DOP price of 10212.50 yuan/ton on June 17th; Compared to June 14th, the DOP price of 10250 yuan/ton decreased by 1.71%. The market for plasticizer DOP raw material phthalic anhydride has stabilized, while the price of isooctanol has fluctuated and fallen. The cost of plasticizer DOP has decreased, and the production of plasticizer DOP enterprises is stable. The supply of plasticizer DOP is sufficient. Downstream construction is expected to rise, and demand is stabilizing. The support for the rise of plasticizers still exists.

Future Market Forecast

According to the data analyst of Shengyishe’s phthalic anhydride products, in the future, in terms of cost, the recent trend of crude oil prices has fluctuated and risen, while the high price of ortho xylene has temporarily stabilized, and the cost support for phthalic anhydride still exists; The downstream DOP market is fluctuating and falling, and the demand for plasticizers is temporarily stable. Downstream procurement enthusiasm is average, and it is expected that the market price of ortho phthalic anhydride will mainly fluctuate and consolidate in the later stage.