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Home > News > Price Trends > Business Society’s Benzene Anhydride Trend Analysis for September 18, 2026: Moderate Pullback

Business Society’s Benzene Anhydride Trend Analysis for September 18, 2026: Moderate Pullback

ECHEMI 2026-09-18

Today's phthalic anhydride spot market analysis shows that the current phthalic anhydride price is in a fluctuating stage, with the average difference indicator pointing to a mild correction (bearish) attribute. The price has already reached a high range within the past 1-year cycle, and the room for further increase is limited. Industry chain participants can focus on the price fluctuations of upstream OX and refined naphthalene raw materials, as well as the changes in procurement demand in the downstream unsaturated resins and plasticizers sectors.

Data Explanation

The most recent available data is up to September 17, 2026, and it is recommended to refer to real-time data.

1. Mean Difference Change Table

Average Difference Type Today's Value (2026.09.17) Yesterday's Value (2026.09.16) Direction of Change
5-day Average Difference (D5) 56.66 86.66 -
10-day Average Difference (D10) 161.67 206.67 -
20-day Average Difference (D20) 286.67 253.33 +

2. Signal Status Judgment

The current combination of mean difference change signs is (-, -, +), corresponding to a mild pullback signal (bearish bias, with a corrective nature).

3. Trend Direction Conclusion

The current price trend is oscillating, reason: the change directions of the three averages compared to the previous day are not entirely consistent, meeting the criteria for an oscillating trend.

4. Positional Spatial Reference

Phthalic anhydride 60-day, 3-month, and 1-year cycle prices are all at high levels, corresponding to the 5th tier out of 5 tiers, indicating limited room for further increases.

5. Trend Chart Display

6. Fundamental Reference

On September 14, the mainstream phthalic anhydride manufacturers in China raised their quotes by 200 CNY/ton. The production facilities of Tongling Chemical and Shijiazhuang Bailong Chemical are operating normally, with tight supply and low inventory, leading to a synchronized increase in actual transaction prices. Phthalic anhydride's upstream materials are naphthalene and OX, while its downstream applications cover herbicides, unsaturated resins, and plasticizers such as DOP/DBP/DINP.

7. 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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