Domestic o-phthalic anhydride market continued to slump on August 19
Phthalic Anhydride Guide: Yesterday, the domestic Phthalic Anhydride market continued to slump, downstream DOP declined continuously, inquiries and purchases of phthalic anhydride were rare, new orders were rare, while under pressure it was also a phenomenon of low profit margin. However, in view of the low level of Phthalic Anhydride supply and cost pressures, the fluctuation tended to slow. Reference prices in East China range from 5800 to 5900 yuan per ton, those in South China range from 5800 to 5900 yuan per ton and those in North China range from 5600 to 5700 yuan per ton. Future market forecast: facing downstream weakness, the risk of slowing down shipment resistance is accompanied, and the market is expected to be weak.
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