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Home > News > Price Trends > Business Society’s Market Outlook for Phthalic Anhydride on September 1, 2026: Volatile and Bearish

Business Society’s Market Outlook for Phthalic Anhydride on September 1, 2026: Volatile and Bearish

ECHEMI 2026-09-01

This analysis is based on publicly available spot prices and average difference data for phthalic anhydride. As of August 31, 2026, the spot price of phthalic anhydride in China remained stable at 9,400 CNY per ton. Prices across multiple periods are at high levels, and the average difference indicator shows insufficient short- to medium-term upward momentum. The short-term market trend is biased towards consolidation with limited upside potential, for reference by industry participants.

Data Explanation

The latest available phthalic anhydride price data in China is up to August 31, 2026. It is recommended to refer to real-time data.

I. Table of Average Deviation Changes

Average Difference Type Value as of August 31, 2026 Value as of August 30, 2026 Direction of Change
5-day Average Difference (D5) 0 0 Flat
10-day Average Difference (D10) 35 46.67 -
20-day Average Difference (D20) 100 110 -

II. Signal State Determination

The current three deviations have changed direction from the previous day as (unchanged, negative, negative), which aligns with the approximate characteristics of a volatile market (positive, negative, negative), indicating a weak rebound (bearish) signal.

3. Trend Direction Conclusion

The current trend in phthalic anhydride prices in China is oscillating with a bearish bias, for the following reasons: the changes in the three moving averages compared to the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend. Therefore, the overall trend is oscillating. At the same time, the 10-day and 20-day moving averages are both declining, indicating that the short- to medium-term upward momentum is gradually weakening, and the probability of a bearish trend is relatively high.

4. Spatial Reference

Phthalic anhydride 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with limited room for increase, and a higher risk of a pullback from the high levels.

5. 1-Year Trend Chart Display

VI. Risk Warning

The above analysis is for reference only and does not constitute trading advice.

(Source: )

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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