The price trend of domestic phthalic anhydride market declined slightly. As of the 6th day, the price of phthalic anhydride was 8050 yuan/ton, down 0.16% from the price of 8062.5 yuan/ton on the 1st day, up 12.20% year on year.

Supply side: stable operation of the device and sufficient supply of goods

In the near future, the domestic phthalic anhydride plant has operated steadily, the domestic phthalic anhydride plant has operated stably, the Anhui Tongling Linfa phthalic anhydride has started to ship normally, the Xinyang Group’s 100000 ton phthalic anhydride plant has operated stably, and the Shandong Hongxin phthalic anhydride has operated normally. Now, the domestic phthalic anhydride operating rate has maintained more than 60%, the supply of goods is sufficient, the phthalic anhydride is generally shipped, and the market of phthalic anhydride is depressed.

Cost side: price trend of orthobenzene market is temporarily stable

The price trend of domestic ortho benzene is temporarily stable. As of the 6th day, the price of ortho benzene was 7450 yuan/ton. This week, the price remained low and stable. The supply of ortho benzene was normal, and some overhaul devices were restarted. However, the port inventory was low. The low price of ortho benzene brought some negative impact on the phthalic anhydride market, and the phthalic anhydride market price declined slightly.

Demand side: mainly purchase on demand due to the fluctuation of DOP market

The price trend of downstream DOP market fluctuated, and the overall price rose slightly, with an increase of 1.03%. At present, the domestic DOP price is 9850 yuan/ton. Domestic DOP enterprises have started to operate steadily, and the demand for phthalic anhydride is mainly based on demand. The mainstream price of DOP is 9800-9900 yuan/ton. The decline of phthalic anhydride price is limited due to the influence of DOP price.

In the future, the price of ortho-xylene remains low in the short term, but the rising power of the downstream plasticizer industry is insufficient, and the supply of phthalic anhydride is sufficient. It is expected that the market price of ortho-xylene phthalic anhydride will remain low and volatile in the later period.