On December 20, the focus of domestic phthalic anhydride market was strong
Phthalic anhydride Guide: Yesterday, the focus of domestic phthalic anhydride market was strong, and the trading atmosphere was light. There is no substantial improvement in downstream demand, the supply level of phthalic anhydride is low, and the boosting effect of raw material surface still exists. Both the phthalic anhydride of adjacent process and naphthalene process are short of goods, which also drives the price maintenance sentiment of businesses, but the follow-up of new orders is insufficient. The reference price in East China is 6400 CNY/ton, and in North China is 6200-6350 CNY/ton. Future forecast: the demand outlook is hard to change and just needs to be maintained, and the reduction of the price difference between phthalic anhydride and naphthalene phthalic anhydride is also aggravating the wait-and-see. It is expected that the trend will still be strong.
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