On October 27, the phthalic anhydride commodity index was 63.75, unchanged from yesterday, down 46.93% from 120.13 (2012-02-28), the highest point in the cycle, and up 31.66% from 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).
In recent years, the market price of phthalic anhydride in China has continued to decline. In East China, the market price of phthalic anhydride is weak. The downstream factories maintain rigid purchase, the factory inventory pressure increases, and the high-end transaction is blocked. In recent years, the factory inventory has increased, and the market price trend of phthalic anhydride continues to be at a low level. In East China, the main flow of negotiation for neighboring process and naphthalene process is 6400-6700 yuan / ton and 5800-6000 yuan / ton respectively; in North China, the main quotation for phthalic anhydride market is 6400-6500 yuan / ton. Most of the manufacturers in the site have price callback, the downstream construction is not high, the procurement is based on demand, the wait-and-see mentality is strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the site is sufficient, and the downstream demand of phthalic anhydride is also strong. The demand for phthalic anhydride decreased and the price trend of phthalic anhydride continued to decline.
| Thiourea |
Recently, the execution price of domestic phthalic anhydride upstream products dropped by 200 yuan / ton to 6500 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic acid manufacturers, the supply of goods inside the site increased, the import phthalic acid Market in the port area decreased, and the quotation fell. Recently, the port phthalic acid market dropped, the port inventory was low, and the external quotation of phthalic acid fell. The actual transaction price is subject to negotiation. The price trend of phthalic anhydride market continued to decline due to the drop of upstream raw material o-benzene price. The downstream DOP price is slightly lower, the price of isooctanol is lower, and the DOP cost is lower. The DOP price is fluctuating, the downstream demand of DOP is normal, the customer’s purchasing enthusiasm is general, the downstream PVC market is fluctuating and declining, the high-end transaction of DOP is blocked, the mainstream transaction price of DOP market is slightly reduced to 7400-7700 yuan / ton, the downstream price trend is declining, and the upstream ox price is falling, affected by the cost downward slide, it is expected that the market price of phthalic anhydride will maintain a slightly lower trend in the later period.
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