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Home > News > Market Flash > October 28, the domestic phthalic anhydride continued to explore the bottom

October 28, the domestic phthalic anhydride continued to explore the bottom

ECHEMI 2019-10-31

PAINT-SAMPLES

Phthalic Anhydride guide reading: Yesterday, the domestic phthalic anhydride market continued to bottom out, the downstream plasticizer was still weak, and the resistance to phthalic anhydride was still there, in addition to the subsequent pressure of ortho benzene reduction, the deposit and yield were lower, Naphthalene phthalic anhydride bottomed out, and the low price was reduced, but the price difference was still obvious, which also intensified the bearish sentiment. The reference price in East China is 6400-6500 CNY/ton, while that in North China is 6450-6600 CNY/ton. Future forecast: the demand outlook is hard to change and the situation of rigid demand is maintained. However, in view of the cost pressure and partial stop and decrease, it is expected to decline. 

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