Domestic o-Phthalic Anhydride Market Weakness and Restructuring on May 8

Phthalic anhydride Guide: Yesterday, the domestic o-phthalic anhydride market was weak and consolidated, with a light trading atmosphere. The downstream plasticizer is weak, the goods are still not smooth, and the supply is sufficient. There are few inquiries and purchases of phthalic anhydride. Facing the conflict of just need, the traders are also under pressure. The resistance to inventory is heavy, the vulnerable risk is accompanied, and the long-term serious losses are also the suppression of the decline. Businessmen basically maintain a steady trend. 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 supply and demand pattern still tends to be excessive, and the vulnerable risk still exists on the basis of goods, but the pressure of high-cost industry is maintained. Under the game of cost and demand, the market is mostly vulnerable and the fluctuation tends to slow down.