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Home > News > Paint & Coating News > November 13 weak consolidation of domestic phthalic anhydride market

November 13 weak consolidation of domestic phthalic anhydride market

ECHEMI 2019-11-20

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Phthalic Anhydride guide reading: Yesterday, the domestic Phthalic Anhydride market was weak and consolidated, and the phthalic anhydride of adjacent process was not well sold, especially the downstream plasticizer was still weak. Under the mood of resistance, the market price increased. However, in view of the industry upside down and low inventory, it was also a narrow fluctuation. The rise of industrial Naphthalene bidding was boosted, and naphthalene phthalic anhydride maintained its price. The reference price in East China is 5900-6000 CNY/ton, and in North China is 6000-6100 CNY/ton. Future market forecast: the terminal has not improved substantially and just needs the normal state. No matter the phthalic anhydride of adjacent process or naphthalene process is under the pressure of loss, the phthalic anhydride market or consolidation trend is expected.

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