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Home > News > Market Flash > Phthalic Anhydride Guide: Domestic o-Phthalic Anhydride Market Slumps on May 22

Phthalic Anhydride Guide: Domestic o-Phthalic Anhydride Market Slumps on May 22

ECHEMI 2019-05-31

Phthalic-anhydride

Phthalic Anhydride Guide: Yesterday, the domestic o-Phthalic Anhydride market was weak and the trading atmosphere was cold. The downstream demand has not improved, the goods have not been smoothly maintained, the downstream plasticizer has continued to decline, the phthalic anhydride is just needed and resisted, facing the downstream and related Naphthalene phthalic anhydride is constantly releasing negative, low prices are constantly increasing at the time of pressure, and there are still concessions on the basis of goods. The reference price of East China is 6200-6300 yuan per ton, the reference price of South China is 6200-6300 yuan per ton, and the reference price of North China is 6200 yuan per ton. Future market forecast: demand prospects are constrained, on-demand procurement will remain normal, on the basis of de-inventory to make profit and risk difficult to eliminate, on the basis of excess supply and demand, it is expected to go down with risk.

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