The price trend of domestic phthalic anhydride market remained low. As of the 10th, the price of phthalic anhydride was 8237.5 yuan/ton, 0.15% higher than the price of 8225 yuan/ton at the beginning of the week, and 3.37% lower than the same period last year.

Supply side: stable operation of the device and sufficient supply of goods

In the near future, the domestic phthalic anhydride plant has operated steadily, the domestic phthalic anhydride plant has operated stably, the Anhui Tongling Linfa phthalic anhydride has started to ship normally, the Xinyang Group’s 100000 ton phthalic anhydride plant has operated stably, and the Shandong Hongxin phthalic anhydride has operated normally. At present, the domestic phthalic anhydride operating rate is about 60%, the supply of goods is sufficient, the phthalic anhydride delivery is general, and the market price of phthalic anhydride is low and volatile.

Cost side: o-benzene market is stable

The price trend of domestic ortho benzene is temporarily stable. The price of ortho benzene is 7800 yuan/ton as of the 10th day. The price trend of this week is temporarily stable. The supply of ortho benzene is normal, and the operation of on-site devices is stable, but the port inventory changes little. The stable price of ortho benzene brings some cost support to the phthalic anhydride market, and the market price of phthalic anhydride rises slightly.

Demand side: DOP market has dropped sharply, mainly purchasing on demand

The downstream DOP market price dropped sharply, with an increase of 6.16%. At present, the domestic DOP price is 10050 yuan/ton. Domestic DOP enterprises have started steadily. The demand for phthalic anhydride is mainly based on demand. The mainstream DOP price is 10000-10100 yuan/ton. The demand for plasticizer industry is weak. The decline of DOP price affects the low price of phthalic anhydride, but the overall price is low.

In the future, the price trend of ortho-xylene is stable in the short term, but the market of the downstream plasticizer industry continues to decline. The supply of phthalic anhydride is sufficient, and the contradiction between supply and demand is prominent. It is expected that the market price trend of ortho-xylene phthalic anhydride will fall in the later period.