domestic o-phthalic anhydride market consolidation trend on 7 May

Phthalic anhydride Guide: Yesterday, domestic o-phthalic anhydride market consolidation trend, trading is still light. The supply of phthalic anhydride industry is abundant, and the supply resistance is heavy. Especially on the basis of weak downstream plasticizers and more goods, the demand for phthalic anhydride is rigid and resistant, and those who are facing difficulties in moving goods are also under pressure. However, the high cost pressure of ortho-process phthalic anhydride is difficult to eliminate, and there is some support, and the trend is rigid. Reference prices in East China range from 6350 to 6400 yuan per ton, in South China range from 6400 to 6500 yuan per ton, and in North China range from 6400 to 6450 yuan per ton. Future market forecast: the contradiction between excess supply and demand is prominent, the demand for o-phthalic anhydride on the basis of downstream consumption of supply will still shrink. Under the game of cost and demand, the market is mostly vulnerable to shocks.