Weak operation of domestic phthalic anhydride market on November 14
Phthalic Anhydride guide reading: Yesterday, the domestic Phthalic Anhydride market was weak, the downstream demand did not improve substantially, the just demand was still normal, the phthalic anhydride of adjacent process was still weak, and part of the inventory was low, the rise of industrial Naphthalene bidding was boosted, the low price of naphthalene phthalic anhydride was rising, and the price difference between adjacent process and naphthalene phthalic anhydride was significantly reduced, restricting each other. The reference price in East China is 5900-6000 CNY/ton, while that in North China is 5900-6100 CNY/ton. Future forecast: the demand has not turned better and the trend shows differentiation, but the follow-up of new orders is also insufficient. It is expected that the market may be more consolidation oriented.
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2026-10-14
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