On July 15, the phthalic anhydride commodity index was 58.39, unchanged from yesterday, down 51.39% from the peak of 120.13 points in the cycle (2012-02-28), and up 20.59% 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 slightly declined. The market price of phthalic anhydride in eastern China has shocked. The downstream factories are still in need of purchasing. Inventory of factories is still under pressure. High-end transactions are blocked. The mainstream of on-site neighbouring source negotiation is 5900-6100 yuan/ton. The mainstream of naphthalene source negotiation is 5400-5500 yuan/ton. Mainstream quotation ranges from 5900 to 6000 yuan/ton, market prices remain volatile, and the quotation of enterprises is not high downstream, purchasing on demand is the main, wait-and-see mentality is strong, domestic phthalic anhydride plant is stable, phthalic anhydride spot supply is normal, phthalic anhydride price fluctuation.

Recently, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import price of o-phthalic anhydride in the port area has risen, and the quotation has risen. Recently, the market of o-phthalic anhydride in the 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 higher, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend shocks, phthalic anhydride market price slightly declines. Downstream DOP raw material phthalic anhydride price shocks, isooctanol prices fell, DOP costs fell. DOP price trend is temporarily stable, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market volatility is stable, DOP market mainstream transaction price is about 7650 yuan/ton, downstream price trend is temporarily stable, and phthalic anhydride market price is expected to remain volatile in the later period.