SunSirs: On August 2nd, the Market Trend of Phthalic Anhydride in Various Regions Stabilized

https://www.chemnet.com   Aug 02,2024

On August 2nd, the phthalic anhydride market in Shandong Province experienced a decline, with downstream factories maintaining their demand for essential purchases and high-end transactions being hindered. The mainstream price range for on-site ortho benzene source negotiations was 7500-7700 RMB/ton, while the mainstream price range for naphthalene source negotiations was 7300-7400 RMB/ton. The price of raw material ortho benzene remained stable, and the downstream plasticizer market stabilized. The operation of on-site merchant equipment was stable, with average sales.

On August 2nd, the price trend of phthalic anhydride in the South China region remained weak and stable, with downstream factories maintaining essential procurement and high-end transactions being blocked. The mainstream of negotiations for neighboring sources in the market was between 7500-7700 RMB/ton, and for naphthalene sources it was between 7300-7400 RMB/ton. The price of naphthalene phthalic anhydride remained weak and stable, while the downstream plasticizer market fluctuated and stabilized. The price of neighboring benzene remained weak and temporarily stable. The operation of merchant facilities was stable, downstream demand was average, and on-site sales were average. In the later stage, the price trend remained weak and stable.

On August 2nd, the price trend of phthalic anhydride in the North China market was weak and stabilized. The mainstream price of phthalic anhydride in the ortho phthalic anhydride market was 7500-7700 RMB/ton, while the market price of naphthalene phthalic anhydride was 7300-7400 RMB/ton. The price of naphthalene phthalic anhydride was weak and stabilized, while the downstream plasticizer market fluctuated and stabilized. The price of ortho phthalic anhydride stabilized, and downstream on-demand procurement was the main trend. The price trend was weak and stabilized in the later stage.

On August 2nd, the market price of phthalic anhydride in Jiangsu Province remained weak and stable. Downstream factories maintained their demand for essential purchases. The mainstream price for ortho phthalic anhydride source negotiations was between 7500-7700 RMB/ton, while the mainstream price for naphthalene source negotiations was between 7300-7400 RMB/ton. Recently, the domestic phthalic anhydride market has had normal spot supply, and the price of raw materials such as ortho phthalic anhydride has stabilized. The downstream plasticizer market is weak and stable, with downstream on-demand purchases being the main focus. In the later stage, the phthalic anhydride market price is weak and stable.

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