Plasticizer market improves, phthalic anhydride market price is firm

According to the monitoring of the business community, the market price of phthalic anhydride in China rose slightly in the middle and late January. As of the 27th, the price of phthalic anhydride was 5725 yuan / ton, which rose 2.0% in half a month and fell 7.29% year-on-year. The spot supply was normal and the market price of phthalic anhydride was firm.

 

In late January, the market price of phthalic anhydride rose slightly, the market situation of phthalic anhydride was normal, the downstream demand was normal in the near future, the price trend of o-benzene was stable, the plasticizer Market improved slightly, and the price of phthalic anhydride rose slightly. Domestic phthalic anhydride manufacturers started at a low level. The operating rate of phthalic anhydride in the market was about 60%. The domestic phthalic anhydride spot supply was slightly tight. The price of phthalic anhydride in the market was firm. The downstream plasticizer industry rose slightly. The actual transaction was not obviously good, and the price of phthalic anhydride did not rise much. The market price of phthalic anhydride in East China rose slightly, with limited high-end transactions on the market. In East China, the mainstream of negotiation on the supply of neighboring France was 5800-6000 yuan / ton, and the mainstream of negotiation on the supply of naphthalene was 5500-5600 yuan / ton. In North China, the mainstream quotation on the market of phthalic anhydride was 5600-5800 yuan / ton, and the market outlook of phthalic anhydride still existed. The downstream procurement did not increase significantly, and the power of continuous rise in the later period was insufficient.

 

In late January, the price trend of domestic o-benzene was temporarily stable, and the market price remained at the level of 4700 yuan / ton. The low price of domestic o-benzene was due to the bad influence of phthalic anhydride market. In addition, the import o-benzene market in port area remained at a low level, and the external quotation of o-benzene did not change much. The actual transaction price was subject to negotiation, and the actual transaction price was discussed in detail. Coupled with the strong wait-and-see sentiment of o-benzene merchants in the market, the price of o-benzene was low However, the price of raw material o-benzene was low, which was bad for the domestic market price of phthalic anhydride, and the price of phthalic anhydride in the market did not rise much.

 

In late January, the market price of phthalic anhydride downstream DOP rose slightly. According to the monitoring of the business community, the domestic DOP price was 9475 yuan / ton as of the 28th. The price of isooctanol in the market fluctuated mainly. The equipment start-up of DOP enterprises was temporarily stable, the price of PVC fluctuated and warmed up, and the demand of downstream customers was low. Plasticizer market has a strong upward momentum and downward pressure still exists. The transaction price is subject to the real-time price. The overall DOP price is about 9250-9600 yuan / ton. The downstream market has an upward trend, and the domestic price of phthalic anhydride rises slightly due to the tight supply.

 

On the whole, the crude oil price maintains a high level in the near future. In addition, winter is the peak season for the plasticizer industry, and the phthalic anhydride market is supported by favorable conditions, so the price continues to rise.

 

In the future, the domestic price trend of o-benzene is mainly volatile, but the transaction market of plasticizer has risen, and the price of plasticizer still has the power to rise. It is expected that the market price of phthalic anhydride will rise slightly in the future.

Gamma PGA

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