China’s Domestic market price of phthalic anhydride rose this week (11.16-11.20)

According to the monitoring of the business agency, the domestic market price of phthalic anhydride continued to rise this week. As of the 20th day, the price of phthalic anhydride was 7487.5 yuan / ton, which was 7.54% higher than the price of 6962.5 yuan / ton at the beginning of the week, with a year-on-year increase of 19.32%. The domestic market price of phthalic anhydride continued to rise sharply.

 

Gamma Polyglutamic Acid

This week, the domestic phthalic anhydride market price trend continued to rise sharply, the phthalic anhydride market is active, the downstream demand has increased recently, the price of o-benzene has risen, the trend of plasticizer market has been rising, both upstream and downstream have good support, and the phthalic anhydride price trend has increased significantly. Domestic phthalic anhydride manufacturers have little change in operation. The operating rate of phthalic anhydride is less than 60%. The domestic phthalic anhydride spot supply is tight. The downstream plasticizer industry mainly purchases on demand, while the on-site merchants are reluctant to sell, and the market price is mainly rising. The price trend of phthalic anhydride market in East China continued to rise, with limited high-end transactions. In East China, the mainstream of neighboring France source negotiation was 7400-7700 yuan / ton, naphthalene method was 7100-7300 yuan / ton; in North China, the mainstream quotation of phthalic anhydride market was 7400-7600 yuan / ton, and the market outlook of phthalic anhydride was still in the market, and the market price trend of phthalic anhydride continued to rise.

 

The domestic price of o-benzene rose sharply this week, with the floor price rising to 4700 yuan / ton, up 4.44% this week. The rise of domestic o-benzene price is a good support for phthalic anhydride market. In addition, the import market of o-benzene in port area has increased, and the external quotation of o-benzene is mainly higher. The actual transaction price is subject to negotiation. The actual list is discussed in detail. In addition, the on-site o-benzene merchants are still in a wait-and-see mood, so the price of o-benzene is still In addition, the domestic market price of phthalic anhydride continued to rise due to the shortage of supply.

 

The DOP market price of phthalic anhydride downstream rose sharply this week. According to the monitoring of the business agency, the domestic DOP price was 9516.67 yuan / ton as of the 20th day, which was 10.23% higher than the price of 8633.33 yuan / ton at the beginning of the week. The equipment of DOP enterprises started to stabilize temporarily, the price of PVC rose in shock, downstream customers actively purchased and plasticizer transactions rose. In addition, DOP manufacturers started to decline, DOP supply was insufficient, and plasticizer prices rose The force is large. Due to the frequent changes in DOP prices, many manufacturers suspended their quotations. The transaction price is subject to the real-time price. Some manufacturers offer more than 10000 yuan / ton, and the overall DOP price is about 9700-10200 yuan / ton. The downstream market price keeps rising, and the domestic market price of phthalic anhydride rises sharply.

 

On the whole, the recent rise in crude oil prices, domestic o-benzene prices, together with the domestic plasticizer industry market improved, phthalic anhydride market price trend continued to rise significantly.

 

In the future, the domestic o-benzene price trend is mainly rising, but the plasticizer trading market is improving, the plasticizer price is rising sharply, and the future DOP price trend is continuing to rise. It is expected that the phthalic anhydride market price will maintain a high volatility trend next week.

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