On September 23, the phthalic anhydride commodity index was 70.07, up 0.24 points from yesterday, down 41.67% from the peak of 120.13 points in the cycle (2012-02-28), and up 44.71% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).
| Thiourea |
Recently, the domestic market price trend of phthalic anhydride continues to rise. The market price of phthalic anhydride in eastern China is rising. The downstream factories are just in need of purchasing. Inventory of factories is still under pressure and high-end transactions are blocked. However, the orders on the market are higher than before, and the market price of phthalic anhydride keeps rising. In East China, the mainstream of neighbouring-law supply negotiations is 7200-7400 yuan/ton, naphthalene-law supply negotiations is 6800-6900 yuan/ton; in North China, the mainstream quotation of phthalic anhydride market is 7100-7200 yuan/ton, the market price keeps rising, some manufacturers increase the ex-factory price, downstream start-up is not high, purchasing on demand is dominant, wait-and-see mentality is strong, domestic phthalic anhydride is strong. The plant operates stably, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride keeps rising.
The price of domestic phthalic anhydride upstream product Sinopec is 6700 yuan/ton recently. Due to the overhaul of domestic phthalic anhydride factories, the supply of goods on site is tight, the price of phthalic anhydride keeps high, the import market of phthalic anhydride in port area is rising, the recent market of phthalic anhydride in port is good, the stock of port is declining sharply, the quotation of phthalic outside Price is based on negotiation. Recently, domestic overhaul facilities for phthalic anhydride have increased in the field. The supply of phthalic anhydride in the field is very tight. Supported by the price of phthalic anhydride in the upstream raw material, the market price of phthalic anhydride has continued to rise. DOP prices in the downstream rose, isooctanol prices rose, and DOP costs rose. DOP price is higher, DOP downstream demand is normal, customer purchasing enthusiasm is general, downstream PVC market volatility is higher, DOP market mainstream transaction price 8050-8250 yuan/ton, downstream price has risen, it is expected that the market price of phthalic anhydride will maintain a higher trend in the later period.
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