SunSirs: The Price Trend of Phthalic Anhydride Market is Stabilizing

https://www.chemnet.com   Aug 16,2024

On August 16, the price of phthalic anhydride market in Jiangsu Province was stable, and downstream factories maintained rigid demand purchases. The mainstream of the negotiation of orthophthalic anhydride sources was 7500-7700 RMB/ton, and the mainstream of the negotiation of naphthalene sources was 7300-7400 RMB/ton. The spot supply of domestic phthalic anhydride market was normal recently, the price of raw material orthophthalic acid was stable, and the downstream plasticizer market rebounded and rose. The downstream mainly purchased on demand, and the price of phthalic anhydride market was stable in the later period.

On August 16, the market trend of phthalic anhydride in Shandong Province was stable, and downstream factories maintained rigid demand purchases, and high-end transactions were blocked. The mainstream of the negotiation of orthophthalic anhydride sources in the market was 7500-7700 RMB/ton, and the mainstream of the negotiation of naphthalene sources was 7300-7400 RMB/ton. The price of raw material orthophthalic acid was stable, and the downstream plasticizer market rebounded and rose. The equipment of merchants in the market was stable, and the sales situation was general. The market of phthalic anhydride in the future market was stable.

On August 16, the price trend of phthalic anhydride market in North China stabilized. The mainstream quotation of orthophthalic anhydride by phthalate was 7500-7700 RMB/ton, and the market price of phthalic anhydride by naphthalene was 7300-7400 RMB/ton. The price of phthalic anhydride by naphthalene stabilized, the downstream plasticizer market rebounded and rose, the price of orthophthalate stabilized, and the downstream mainly purchased on demand. The price trend of phthalic anhydride stabilized in the later period.

On August 16, the price trend of phthalic anhydride market in South China stabilized, downstream factories maintained rigid demand purchases, and high-end transactions were blocked. The mainstream of orthophthalic anhydride supply negotiation in the market was 7500-7700 RMB/ton, and the mainstream of naphthalene supply negotiation was 7300-7400 RMB/ton. The price of phthalic anhydride by naphthalene stabilized, the downstream plasticizer market rebounded and rose, the price of orthophthalate stabilized, the operation of merchants' equipment was stable, the downstream demand was general, the sales situation in the market was general, and the price trend stabilized in the later period.

In addition, it was learned that on August 16, the phthalic anhydride unit of Shandong Hongxin Chemical Co., Ltd. had a production capacity of 180,000 tons. The phthalic anhydride unit was under maintenance recently, and the restart time has not been determined. The manufacturer is not offering quotations to the public for the time being.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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