On October 21, the phthalic anhydride commodity index was 64.84, unchanged from yesterday, down 46.03% from 120.13 (2012-02-28), the highest point in the cycle, and up 33.91% 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 been falling continuously. The market price of phthalic anhydride in East China has been falling. The downstream factories maintain the rigid demand for purchasing. The factory inventory pressure has increased, and the high-end transaction has been blocked. Recently, the factory inventory has increased, and the market price trend of phthalic anhydride continues to decline. In East China, the main flow of negotiation for neighboring process and naphthalene process is 6500-6800 yuan / ton and 6100-6200 yuan / ton respectively. In North China, the main quotation for phthalic anhydride market is 6500-6700 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.

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec has been maintained at 6700 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods within the site has increased, the import price of phthalic anhydride in the port area has declined, and the quotation has fallen. In the near future, the price of phthalic acid in the port has declined, the port inventory is low, and the quotation of phthalic anhydride in the outside market has fallen in shock. The actual transaction price is subject to negotiation. The details are given. 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 price of DOP 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 7400-7800 yuan / ton, and the downstream price trend is declining, but the upstream ox price is firm, affected by the cost support, it is expected that the market price of phthalic anhydride will maintain a slightly lower trend in the later period.