On November 5, the domestic phthalic anhydride market continued to weaken
Introduction to phthalic anhydride: Yesterday, the domestic phthalic anhydride market continued to weaken, and the follow-up of new orders was insufficient. There was cost pressure on both phthalic anhydride and naphthalene phthalic anhydride. In order to ease the resistance of shipment, the price weakened, but in view of the industry cost factors, the fluctuation was also narrow. The reference price of East China is 6100-6200 CNY/ton, and that of South China is 6300-6400 CNY/ton. Future market forecast: the demand outlook is hard to change. At present, the prices of phthalic anhydride from neighboring process and naphthalene process have been significantly reduced. It is expected that the market is mostly weak shocks, and the trading is still flat.
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