The negative trend of phthalic anhydride market in China on October 21
Yesterday, the domestic phthalic anhydride market declined, and the trading atmosphere was light. Downstream demand has not improved, especially on the basis of plasticizer decline, the resistance to phthalic anhydride is obvious, facing high delivery resistance, pressure on the industry, and increasing market low prices. The reference price of East China is 6700-6800 CNY/ton, and that of North China is 6600-6800 CNY/ton. Future forecast: the downstream plasticizer decline continues, the inquiry and purchase of phthalic anhydride will still be light, and the cost pressure is gradually obvious, which is expected to be weak operation.
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