On March 4, the market price of phthalic anhydride in China dropped slightly.

On March 3, the phthalic anhydride commodity index was 67.80, unchanged from yesterday, down 43.56% from the peak of 120.13 points in the cycle (2012-02-28), and up 40.02% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

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Recently, the domestic market price of phthalic anhydride has been slightly lower. The market of phthalic anhydride in eastern China is weak and consolidated. The downstream factories maintain just in need of purchasing. The inventory pressure of factories is persistent and high-end transactions are blocked. The mainstream of on-site neighbouring source negotiation is 6700-7000 yuan/ton, and that of naphthalene source negotiation is 6600-6700 yuan/ton. The mainstream quotation of phthalic anhydride market in North China is 6750-7000 yuan/ton, and the market is The price of phthalic anhydride plant in China is stable, the spot supply of phthalic anhydride is normal, and the price of phthalic anhydride is stable.

Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 6800 yuan/ton. The actual transaction price of the upstream product is 7100 yuan/ton. The quotation is stable, the stock of the port is at a low level, the actual transaction price of the port is slightly higher, the price of o-phthalic anhydride is rising, the cost of imported o-phthalic phthalic anhydride is rising, the actual transaction price is discussed in detail, DOP price downstream shocks. Recently, in Zhejiang DOP market, merchants’quotations are maintained at 8525-8700 yuan/ton, while downstream prices are at a low level. Demand for upstream phthalic anhydride is limited, and the market price of phthalic anhydride is slightly lower. It is expected that the market price of phthalic anhydride will be around 6900 yuan/ton in the later period.

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