The phthalic anhydride market is generally flat

On February 1st, the phthalic anhydride market was generally flat, with limited supply in various regions. Some downstream plants were cautiously purchased under cost pressure, and fresh deals were heard.

On the same day, the east China market was put into operation and the supply was limited. The negotiation price was between RMB 12,000 and RMB 12,100 per ton. The supply of raw materials for o-benzene was tight and the equipment load remained low. The supply of South China market is tight, and the factories are still waiting to see more. Due to tight supply of raw materials and light demand, manufacturers are cautiously optimistic about the market outlook.

In the future, the supply of raw materials, o-benzene, is tense and there is still room for price adjustment in the later period. The market cost of phthalic anhydride is strong; after the holiday, the operating rate of phthalic anhydride factory equipment is low, and the supply is tight; the market trend of downstream DOP is firm, which is favored by the trend of raw materials. Support, negotiation prices are stable throughout the country. Although there is good support for the above, the European debt crisis continues to worry about, the European and American economies are disappointing, the downstream terminal market of phthalic anhydride is weak, and the overall transaction is light. It is expected that the phthalic anhydride market will continue to maintain its flat trend in the short term and is suitable for short-term operations.