First, the trend of the market:
According to statistics, the price of phthalic anhydride has slightly declined this week. The price of phthalic anhydride this weekend is 5550 yuan.ton, down 1.48% from 5633.33 yuan/ton at the beginning of the week and 21.69% from the same period last year. The phthalic anhydride unit in Shandong province is 5600-5700 yuan per ton self-lifting, the main stream of phthalic anhydride negotiation in Jiangsu province is 5500-5600 yuan per ton, and the market is well supplied in spot. The naphthalene phthalic anhydride unit starts normally, and the current quotation is 5200-5300 yuan per ton.
| http://www.pivalicacid.com |
II. Market analysis:
Products: In recent years, the price trend of domestic phthalic anhydride market has slightly declined, the market opening rate of phthalic anhydride is about 70%, the market of phthalic anhydride in East China has been declining, downstream factories have just needed to purchase, the inventory pressure of factories has continued, high-end transactions have been blocked, the mainstream of in-site neighbouring method supply negotiations is between 5500 and 5700 yuan/ton, and the mainstream of naphthalene method supply negotiations is between 5200 and 5300 yuan/ton; the market owners of phthalic anhydride The current quotation is between 5500 and 5700 yuan/ton, the market is weak and shocky. The quotations of enterprises are slightly lower, the downstream start-up is not high, the purchase on demand is the main, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is sufficient, the stock situation is not good, and the price trend of phthalic anhydride is slightly declining.
| Thiourea dioxide |
Industry chain: Recently, the execution price of phthalic anhydride upstream product, Sinopec o-phthalic acid, is 5900 yuan/ton. The actual market transaction price is 5900 yuan/ton. The quotation is lower and the port supply is general. The price of raw materials mixed xylene in the upstream of phenyl fluctuates and falls. The turnover of phenyl is general. The stock of phenyl in the port is low. The quotation of phenyl outer plate is slightly lower. The actual transaction price of imported phenyl is discussed in detail. The upstream price trend is declining, and the market price of phthalic anhydride is lower. DOP prices downstream slightly fell, down 0.70% this week. Recently, in the DOP market in Zhejiang Province, merchants’quotations have been maintained at around 7000 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 declining.
Industry: Recent plasticizer industry trend is general, terminal downstream demand is limited, phthalic anhydride market price trend is falling.
| Thiourea |
3. Future market forecast:
Recently, the price of phthalic anhydride in the upstream has maintained a low level, and the DOP market in the downstream has a good trend over the weekend. Phthalic anhydride analysts of business associations believe that the market price trend of phthalic anhydride may remain volatile, with prices between 5550 and 5600 yuan/ton.