On June 23, the phthalic anhydride commodity index was 54.01, unchanged from yesterday, down 55.04% from the peak of 120.13 points in the cycle (2012-02-28), and up 11.54% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price of phthalic anhydride has risen slightly, the market price of phthalic anhydride in eastern China has rebounded, downstream factories have just needed to purchase, factory inventory is still under pressure, high-end transactions are blocked, the mainstream of on-site neighbouring source negotiation is 5600-5700 yuan/ton, and the mainstream of naphthalene source negotiation is 5300-5400 yuan/ton; the mainstream price of phthalic anhydride in North China is 5600-5700 yuan/ton and the market price is small. The price of phthalic anhydride plant in China is stable, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride is rising slightly.

In recent years, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import market of o-phthalic anhydride in port area is temporarily stable, and the quotation is stable. In recent years, the market of o-phthalic anhydride in port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is low, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend remains low, phthalic anhydride market price rise is limited. Downstream DOP raw material phthalic anhydride prices temporarily stabilized, isooctanol prices rose, DOP costs rose. DOP price shocks maintain stability, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market shocks maintain stability, DOP market mainstream transaction price around 7100 yuan/ton, DOP downward pressure weakens, there is a certain upward momentum, the market price of phthalic anhydride is expected to rise slightly later.