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Home > News > Paint & Coating News > On October 23, the market trend of domestic phthalic anhydride declined

On October 23, the market trend of domestic phthalic anhydride declined

ECHEMI 2019-10-30

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Introduction to phthalic anhydride: Yesterday, the market trend of domestic phthalic anhydride declined, the demand prospect was hard to change, the inquiry and purchase situation was not good, facing the continuous downward exploration of new single rare and related naphthalene phthalic anhydride, the high price difference was also to release the negative, the market low price continued to increase, and the bearish not to buy sentiment intensified. The reference price in East China is 6600-6700 CNY/ton, while that in North China is 6500-6700 CNY/ton. Future market forecast: the downstream rigid demand situation is maintained, but the phthalic anhydride industry still has a stop and decrease phenomenon. It is expected that the fluctuation will be narrow, and the price adjustment of petrochemical o-benzene will be focused on. 

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