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Home > News > Market Flash > Domestic o-phthalic anhydride market consolidation on August 30

Domestic o-phthalic anhydride market consolidation on August 30

ECHEMI 2019-09-04

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Phthalic Anhydride Guide: Yesterday, the domestic o-Phthalic Anhydride market was consolidated, most of the businessmen maintained a steady trend, the level of phthalic anhydride spot supply was low, the cost pressure was high, and the related Naphthalene phthalic anhydride was also strong, providing good support for the market. However, DOP downstream showed a downward trend, the resistance to phthalic anhydride was difficult to overcome, and the operators were also under pressure. The reference price of East China is 5900-6000 yuan per ton, the reference price of South China is 6000-6100 yuan per ton, and the reference price of North China is 5800-5900 yuan per ton. Future forecast: There is no obvious imbalance between short-term supply and demand, but at present, low supply of phthalic anhydride and high cost support still exist, and market consolidation is expected to dominate.

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