October 17, weak domestic phthalic anhydride market
Yesterday, the domestic phthalic anhydride market of neighboring process was weak, the downtrend of downstream DOP continued, and the production and sales were not prosperous, the inquiry and purchase of phthalic anhydride were not good, especially under the pressure of plasticizer downtrend, faced with few new orders, the industry was under pressure, and the focus continued to move towards the low position. The reference price of East China is 6800-6900 CNY/ton, and that of North China is 6700-6800 CNY/ton. Future forecast: it is difficult to improve the terminal demand, maintain the rigid demand situation, face the weakness of DOP and naphthalene phthalic anhydride, and it is expected that the center of gravity still has a lower space.
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